Cosco Shipping International (Singapore) moved back into the black during 2017 in what was a transformational year for the company.
Singapore-listed Cosco International logged a profit of SGD 139.8m ($105.4m), a swing from a SGD 976.1m loss in 2016.
The profit came via an SGD 166.9m contribution from discontinued businesses, with its shares in Cosco Shipyard Group and its Nantong and Dalian yards divested in August.
