The company posted earnings of $5.3m following a marginal loss of $268,000 the year before.
Revenue went down 9.5% to $88.2m but it was offset by a 15.1% drop in expenses which stood at $79.6m.
Samudera explained the quarter’s performance by highlighting its continuing rationalisation strategy which includes reducing non-profitable routes and disposing of under-performing assets.
Container volume handled grew by 3% to 297,789 teu, compared to 289,053 teu in the corresponding period.
Net