E-Shipping to Suspend Trading on the 24th Amid Over 10% Year-on-Year Revenue Drop in March
E-Shipping, a benchmark stock in the bulk shipping sector, announced on the afternoon of the 23rd that it would suspend trading for a day on the 24th as it is set to release major news, approved by the Taiwan Stock Exchange.
On the 23rd, during a significant rise in the Taiwan stock market, E-Shipping's share price increased by 2.38% or NT$0.15, closing at NT$6.45 with a trading volume of 848 shares, surpassing both the five-day and ten-day moving averages. Currently, the company's net asset value per share stands at NT$10.94.
From an operational perspective, E-Shipping reported a revenue of NT$3.85 billion in March, marking a 14.01% increase from the previous month but a 10.37% decrease compared to the same period last year. Notably, foreign investors maintained buying positions over the past two trading days, accumulating an additional 539 shares.
