Greater China

Wan Hai remains in the black

Taipei: Intra-Asia operator Wan Hai Lines secured a higher net profit in the first six months of 2012 managing NT$799.9m ($26.8m) compared to a profit of NT$75.87m in the same period of last year.

The Taipei-listed boxline is well known for remaining in the black in downturns while its peers are mired in red ink. The line cited its ability to cap operating expenses and a robust intra-Asia trade as reasons for its continued strong performance.  [05/09/12]



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