The Hong Kong-listed firm sold its 21.8% stake in ChinaInternational Marine Containers (CIMC) to China Cosco Holdings earlier thisyear and booked a gain of just under $400m from the sale.

It meant earnings tripled to $560.3m in the sixmonths to 30 June from $179m a year earlier, the company said in an earningsstatement today.

Revenue rose 7.6% to $395m.

China Cosco Holdings is restructuring assets in a bidto return to profitability as a third straight annual loss may result in itsshares being delisted in Shanghai.

Stripping