Cosco Shipping Holdings Co has returned to profit in the first quarter as revenue jumped.
The Hong Kong-listed containership arm of CoscoCS, the united Cosco and China Shipping, made CNY 270.19m ($39.18m) on a net basis to 31 March, from a loss of CNY
4.46bn in 2016.
Revenue increased to CNY 20.11bn against CNY 13.56bn the year before.
Volumes reached 4.65m
