By Ted Chen / Staff reporterYang Ming Marine Transport Corp (陽明海運) on Monday gave a conservative outlook on its earnings this year amid sluggish demand in the global container shipping sector. While the company expects its bottom line to have returned to the black at the end of last year, prospects are not likely to improve significantly until next year, Yang Ming Marine chairman Bronson Hsieh (謝志堅) said. Prospects remain unclear for the global container shipping sector this year and earnings would depend on market conditions and the oil price, he said. Yang Ming Marine has not yet released its results for the final quarter of last year. Cumulative losses stood at NT$82 million at the end of the third quarter, or losses per share of NT$0.05.

Source: Taipei Times February 28, 2018 15:56 UTC