Wisdom Marine Lines Co., Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 02:25 am EST
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Wisdom Marine Lines Co., Limited (Cayman) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 119.17 million compared to USD 207.21 million a year ago. Net income was USD 13.55 million compared to USD 82.45 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.11 a year ago. Diluted earnings per share from continuing operations was USD 0.02 compared to USD 0.11 a year ago.
For the nine months, sales was USD 391.23 million compared to USD 671.34 million a year ago. Net income was USD 59.33 million compared to USD 323.96 million a year ago. Basic earnings per share from continuing operations was USD 0.08 compared to USD 0.43 a year ago. Diluted earnings per share from continuing operations was USD 0.08 compared to USD 0.43 a year ago.
Wisdom Marine Lines Co Ltd is a Taiwan-based company mainly engaged in the ship leasing and marine transportation business. The Company operates long-term charter, short-term charter and management business, international maritime transportation business, ship related management and maintenance business, shipping agency business and ship trading business. The fleet includes bulk ships, timber carriers, double-deck ships, multi-purpose ships and container ships of various tonnage. It mainly transports bulk materials. The ships are mainly leased to customers in Japan and Europe, and the routes cover Southeast Asia, India, China, Middle East, Africa, South America and other regions.
WISDOM MARINE LINES CO., LIMITED (CAYMAN) 
