Evergreen Marine has sank deeper into the red in the second quarter but its deficit was not as big as analysts had expected.
The Taiwanese boxship owner reported a loss of TWD 556.9m ($17.7m), compared to TWD 152.9m in the same period of 2015.
Analysts had projected a much bigger loss of TWD 2.03bn for the second quarter.
Tough containership markets meant Evergreen’s revenue fell from TWD 34.8bn
