Sincere Navigation Corporation

Taiwan Stock Exchange 2605.TW

Sincere Navigation Corporation Gross Profit Margin for the year ending December 31, 2023: 16.55%

Sincere Navigation Corporation Gross Profit Margin is 16.55% for the year ending December 31, 2023, a 0.41% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Sincere Navigation Corporation Gross Profit Margin for the year ending December 31, 2022 was 16.49%, a -45.20% change year over year.
Sincere Navigation Corporation Gross Profit Margin for the year ending December 31, 2021 was 30.08%, a 35.86% change year over year.
Sincere Navigation Corporation Gross Profit Margin for the year ending December 31, 2020 was 22.14%, a 62.31% change year over year.
Sincere Navigation Corporation Gross Profit Margin for the year ending December 31, 2019 was 13.64%, a 0.35% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

Taiwan Stock Exchange: 2605.TW

Sincere Navigation Corporation

CEO	Mr. Chi-Kao Hsu
IPO Date	Jan. 4, 2000
Location	Taiwan
Headquarters	No. 368, Fuxing South Road
Employees	422
Sector	Industrials
Industries Maritime Shipping Container Shipping Logistics & Freight

Description

Sincere Navigation Corporation, a shipping transportation company, owns and operates bulk cargo vessels in Taiwan. Its fleet includes dry bulk carriers, tankers, and woodchip carriers. As of December 31, 2019, the company had a fleet of 17 vessels, including 3 very large crude carrier tankers and 14 dry bulk vessels of various tonnages. It serves coal and iron ore miner, steel, energy, and paper industries. The company was founded in 1960 and is headquartered in Taipei City, Taiwan.

Key trends

Past 5 years