Profit for the period was THB 60m ($1.8m), improving from a THB 222m loss in the same stretch of 2013.

Revenue went down 7.4% and stood at THB 3.22bn.

Total expenses for the quarter were THB 3.17bn, down from THB 3.71bn in the corresponding period.

RCL owns a fleet of 40 boxships which operate mostly in the south China seas, serving routes between Thailand, Singapore and Taiwan.