Hamburg shipping asset manager Lloyd Fonds has raised its earnings guidance for the current year to more than EUR 3m ($3.19m).
In the first six months, it more than doubled net profit to EUR 1.8m, against EUR 0.7m in the same half of 2015.
The "significant improvement" came from management fee income, particularly in the property sector.
At the time, it said it expected to post a "sharp increase" in full-year earnings - towards the top end of the EUR 2m to EUR 3m range.
