Yang Ming Marine Transport Corporation (Yang Ming) held the 397th Board Meeting today (8/12) to approve and pass its financial report for the first half of 2024. The consolidated revenues in Q2 stood at NT$ 52.59 billion (US$ 1.65 billion), up by 50% from the same period of last year. The Company’s after-tax net profit and EPS came to NT$ 13.89 billion (US$ 435.6 million) and NT$ 3.98, respectively. The consolidated revenues for the first half of 2024 reached NT$ 96.39 billion (US$ 3.02 billion), up by 34% from the same period of last year. The Company’s after-tax net profit and EPS for this period were NT$ 23.27 billion (US$ 729.82 million) and NT$ 6.66, respectively. Due to strong demand and increased freight rates in the first half of the year, Yang Ming reported impressive profitability compared to the same period last year. (....)