Yang Ming in black

Taiwanese container line Yang Ming has returned to profit in the second quarter as revenue edged ahead of costs.

The company said net earnings to 30 June were TWD 237.76m ($7.93m), against a loss of TWD 2.61bn in the same period of 2013.

The company said revenue reached TWD 34bn, compared to TWD 30bn the year before.

But operating expenses were TWD 33.4bn, versus TWD 30.9bn in 2013.


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