Sincere Navigation Corporation operates in the Deep sea foreign trans. of freight sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sincere Navigation with three other
companies in this sector in Taiwan:
U-Ming Marine Transport Corporation
sales of 7.96 billion Taiwanese Dollars [US$269.41 million]
of which 96%
was Shipping Segment),
Ta-Ho Maritime Corporation
(4.95 billion Taiwanese Dollars [US$167.61 million]
of which 77%
was Jin Yang Line), and
Evergreen International Storage & Transport Corporation
(6.10 billion Taiwanese Dollars [US$206.51 million]
of which 47%
was International Marine Transport).
Sincere Navigation reported sales of 6.04 billion Taiwanese Dollars (US$204.39 million)
December of 2012.
increase of 2.5%
versus 2011, when the company's sales were 5.89 billion Taiwanese Dollars.
Despite this increase, sales are still
below the level achieved in 2010, when Sincere Navigation
reported sales of 6.54 billion Taiwanese Dollars.
Sales of Tankers saw an increase
that was more than double the company's growth rate: sales were up
85.6% in 2012, from
449.91 million Taiwanese Dollars to 834.83 million Taiwanese Dollars.
Sincere Navigation also saw significant increases in sales in
Other Departments (up 10.7% to 2.34 million Taiwanese Dollars)
Not all segments of Sincere Navigation experienced an increase in sales in 2012:
sales of Bulk Ships fell 4.4% to 5.20 billion Taiwanese Dollars.