Precious Shipping has returned to profit in the last three months of 2017 - its first quarterly profit since the second quarter of 2014.
The Bangkok-listed shipowner made $3.6m in the fourth quarter of 2017 against a loss of $3.9m recorded a year earlier.
The Khalid Hashim-led company benefitted from a 31% year-on-year increase in average earnings per day, per ship to $10,728.
