Wan Hai reports September revenue surge: what it means for Wan Hai stock

Published on 10/13/2026 at 10:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

September revenue reached TWD 21.8 billion, up 97.63 percent year over year. Wan Hai stock posted TWD 11.54 billion second-quarter net income.

Key points in brief

Wan Hai reported September 2026 revenue of TWD 21.8 billion, up 97.63 percent year over year.
Second-quarter 2026 revenue reached TWD 42.90 billion, while net income was TWD 11.54 billion.
Five analysts tracked by Investing.com had a Buy consensus and an average 12-month target of TWD 116.80.
The main counter-factor is additional vessel capacity that could pressure freight rates in 2027.

Wan Hai, TW0002615002, Illustration mit AI erstellt.

Wan Hai Lines (TW0002615002) reported September 2026 revenue of TWD 21.8 billion, up 97.63 percent from a year earlier, according to Taiwan News on October 13, 2026. The result gives Wan Hai stock a fresh operating marker as container demand stayed elevated into the traditionally softer quarter.

Wan Hai revenue milestones

On May 15, 2026, Wan Hai reported first-quarter revenue of TWD 33.64 billion, according to StockAnalysis. On September 1, 2026, its second-quarter report showed revenue of TWD 42.90 billion and net income of TWD 11.54 billion, also according to StockAnalysis.

The September figure extended that sequence: monthly revenue rose above TWD 20 billion for the first time since July 2024, while the year-over-year increase exceeded the second-quarter revenue growth implied by the reported quarterly figures. The comparison matters because it shows that the latest momentum was not limited to one quarterly reporting date.

What the revenue surge means

Wan Hai's second-quarter net income was TWD 11.54 billion, compared with TWD 7.68 billion in the first quarter, while earnings per share reached TWD 4.11, according to Investing.com. Five analysts listed by the same source had a Buy consensus and an average 12-month price target of TWD 116.80.

The counter-factor is fleet supply. Taiwan News reported that additional vessels entering service in 2027 could put downward pressure on freight rates, although port congestion, Red Sea diversions and long-term contract rates could partly offset that effect.

Next reporting marker

StockAnalysis lists November 13, 2026 as the estimated next earnings date. That date will give investors a further test of whether September's TWD 21.8 billion revenue level carried into the final quarter.

Wan Hai market profile

Wan Hai Lines had a market capitalization of TWD 340.9 billion as of October 13, 2026. The company operates container shipping and related logistics services across Asia, the Middle East, India, the United States, South America and the Red Sea.