The Shanghai and Hong Kong-listed containerline booked a net deficit of CNY 404m ($66.4m) for the three months to 30 September compared to a profit of CNY 991m a year earlier.
Revenue for the period fell to CNY 8.96b from CNY 9.28bn, the company reported in a stock exchange filing.
The performance was better than the average of CNY 8.58bn that four analysts polled by Bloomberg had predicted.
CSCL’s