Japanese bulker owner NS United has increased profit in the year to 31 March - and expects better over the next 12 months.
The company said net earnings were JY 6.61bn ($60.42m), up from JPY 3.32bn in the year-ago period.
Revenue was up at JPY 139bn from JPY 125bn.
For the current financial year ending in March, 2019, it is forecasting revenue of JPY 145bn and profit of JPY 7.4bn.
