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Matson reported a net income of $394.5 million, or $9.39 per diluted share, for the quarter ended December 31, 2021. Consolidated revenue for the fourth quarter 2021 was $1,267.0 million, driven primarily by China service strength.
4Q21 EPS was $9.39
Full Year 2021 EPS was $21.47
Full Year 2021 Net Income and EBITDA were $927.4 million and $1,350.3 million, respectively
Year-over-year increase in 4Q21 and consolidated operating income was driven primarily by China service strength
For 2022, Matson expects supply chain congestion to remain largely in place through at least the October peak season and expects elevated demand for its China service for most of the year.