You may well have read the latest release concerning Taiwan’s Yang Ming.
In a nutshell, here are the headline financials, sourced from Yang Ming earlier this week:
“Yang Ming Marine Transport Corporation (Yang Ming) reveals its 2019 annual financial report today (3/31). The consolidated revenues totaled NTD149.18bn ($4.82bn). The company’s net loss, after tax, was NTD4.31bn ($139.39m), EPS NTD -1.66. Volumes in 2019 increased to 5.4m TEUs, up 3.88% year on year.” …
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https://theloadstar.com/ma-radar-yang-ming-the-moral-hazard-conundrum/