Benefiting from the rebound in demand from the ocean line, Wan Hai Lines increased its performance in December last year, and its consolidated revenue for the whole year was the sum of the previous two years, delivering its best performance in history.
On January 10, Wan Hai announced its results. In December 2021, the consolidated revenue was NT$23.252 billion (approximately RMB 5.351 billion), a monthly increase of 1.55% and an annual increase of 107.17%.
The cumulative annual consolidated revenue was NT$228.014 billion (approximately RMB 52.474 billion), which was the best in history.
Wan Hai believes that due to the short-term difficulty of port congestion and the reduction of space supply, there is no obvious peak and low season in the container shipping market, which supports the maintenance of high freight rates.
Source: Xinde Marine News Sarah Yu
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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