Bulker owner Taiwan Navigation has posted a profit in the third quarter as revenue rose.
The company said net earnings to 30 September were TWD 159.98m ($5.3m), from a TWD 16.71m loss a year ago.
Revenue rose to TWD 727.48m against TWD 629.75m.
And it managed to reduce operating expenses to TWD 577.7m from TWD 619.23m in 2016.
