The bulker company, part of the state-controlled Sinotrans & CSC group, said it should log net earnings of between CNY 4.31bn ($704m) and CNY 4.41bn to 30 September.
This would compare to a loss of CNY 497.7m in the same period of 2013.
The company is expecting the boost after completing its bankruptcy restructuring at a court in Wuhan this month.
It survived legal action from creditor banks and the auction of some of its vessels.
Clarksons
