Taiwanese boxship owner Wan Hai Lines has remained in profit for 2016, as its domestic rivals sank to losses.

The company said net earnings last year were TWD 1.14bn ($37.42m), compared to TWD 3.93bn in 2015.

Revenue was down at TWD 57.35bn from TWD 63.85bn, but operating costs did not fall as fast at TWD 51.59bn, against TWD 55.84bn a year ago.

Yang