Taiwanese container line Yang Ming Marine Transport has revealed losses almost doubled in a tough 2016.
The net deficit last year was TWD 14.88bn ($492m) against TWD 7.78bn in the previous 12 months.
Revenue dipped to TWD 115.4bn from TWD 127.5bn, while operating costs were higher than this figure at TWD 124.4bn, from TWD 128.3bn in 2015.
Finance expenses rose to gTWD 1.99bn
