Sincere Navigation Corporation

Taiwan Stock Exchange 2605.TW

Sincere Navigation Corporation Operating Income Margin for the year ending December 31, 2023: 10.06%

Sincere Navigation Corporation Operating Income Margin is 10.06% for the year ending December 31, 2023, a 1.08% change year over year. Operating Income Ratio is the proportion of a company's operating income to its net sales, measuring the efficiency of its core business operations in generating profits.

Sincere Navigation Corporation Operating Income Margin for the year ending December 31, 2022 was 9.96%, a -51.88% change year over year.
Sincere Navigation Corporation Operating Income Margin for the year ending December 31, 2021 was 20.69%, a 57.80% change year over year.
Sincere Navigation Corporation Operating Income Margin for the year ending December 31, 2020 was 13.11%, a 22.58% change year over year.
Sincere Navigation Corporation Operating Income Margin for the year ending December 31, 2019 was 10.70%, a 14.08% change year over year.

Key data

Date	Operating Income Margin	EBT Margin	Net Income Margin	EBITDA 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