Taiwan's Evergreen has rebounded into the black as revenue jumped.

The containership owner said net profit was TWD 4.02bn ($133m) to 30 September, against a loss of TWD 1.59bn a year ago.

Revenue surged to TWD 41.52bn from TWD 31.93bn, while costs were TWD 37.01bn, compared to TWD 32.33bn in 2016.

The company said earlier this month it was selling 500m shares at TWD 15.30