Hong Kong-listed China Cosco recorded a gain of CNY 1.62bn ($264m) in the third quarter, overturning a loss of CNY 1.04bn in the corresponding period a year ago.
The giant shipowner China Cosco saw quarterly revenue climb from CNY 15.88bn to CNY 17.49bn year-on-year.
Despite the upturn China Cosco remains in the red for the year to date.
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