It said profit rose by 922.8% year-on-year to reach CNY 138.8m ($22.7m).
Sales for the period stood at CNY 20.7bn, marking a 38.2% increase.
Earnings per share were CNY 0.101, almost in line with analysts’ consensus.
The giant shipbuilder is looking to expand its shipping activities through the order of newbuildings.
It will splash out CNY 7bn for that purpose, while it has begun a restructuring process for its Chinese yards interests.
Guangzhou
