Shin Yang prospers

Shin Yang Shipping has returned to profit in the third quarter as revenue grew.

The Malaysian shipowner and shipbuilder said net earnings to 31 March were MYR 3.5m ($1.1m), from a loss of MYR 3.43m in the same period of 2013.

Revenue increased to MYR 282.75m from MYR 220.71m year-on-year.

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