Wan Hai, the largest intra-Asian carrier, reported a 113 percent jump in
net income for 1998, to NT$2.73 billion ($85 million), despite the Asian
crisis.
This compared with a net income after tax of NT$1.28 billion for 1997,
when the Taiwanese carrier suffered a sharp fall in profits.
The line’s 1998 profits exceeded profit results for both 1997 and 1996.
Operating income for 1998 was up 52 percent to NT$2.48 billion ($77
million).
Revenue increased 6 percent to NT$24.68 billion ($767 million), from
NT$23.3 billion in 1997.
From 1994 to 1998, Wan Hai’s revenue has increased 60 percent and net
income has quadrupled.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now