U-Ming Marine Transport has returned to profit in the second quarter as revenue rose.

The Taiwanese bulker owner said net earnings to 30 June were TWD 138.05m ($4.55m), compared to a loss of TWD 478.91m in the same three months of 2016.

Revenue jumped to TWD 2.17bn against TWD 1.49bn, while operating costs rose to TWD 1.95bn from TWD 1.64bn