Evergreen Marine Corporation (Taiwan) (2603) Investor presentation summary

Company profile

• Fleet: 242 vessels, 2.04m TEU capacity, 7th globally and 5.9% market share; operations span 101 countries, with 14 owned terminals and 293 offices and agents.

• 2026 lifting volume: 5m TEU.

H1 financial performance

• 2026 H1 operating revenue NT$191,672m; gross profit NT$37,371m; operating income NT$28,306m; net income NT$25,033m.

• Parent-attributable profit NT$24,337m; EBITDA NT$54,309m, EBITDA margin 28.33% and EPS NT$11.24.

• Marine freight generated 92.96% of revenue; ship rental and slottage 1.20%, and others 5.84%.

• Operating costs were NT$154,302m; cost mix: port and terminal charges 38%, fuel 22%, connecting expense 10%, ship rental and slottage 2%, and others 28%.

Shipping market outlook

• The economic backdrop was described as recovering, with US and European PMI rising and China stabilizing; the focus is on resilience and agility amid unpredictable shifts.

• Protracted wars, strategic competition and extreme weather were cited as drivers of higher transportation costs and greater uncertainty for schedules, ports and supply chains.

• Fuel represented 22% of operating costs in 2024, 21% in 2025 and 23% in Jan-Aug 2026.