Taiwanese container line Evergreen has posted a steep fall in third quarter profit as costs increased.

Net earnings to 30 September were TWD 771.2m ($24.95m), down from TWD 4.02bn in the same period of 2017.

Revenue grew to TWD 44.9bn from TWD 41.52bn, it said.

But operating costs were also up at TWD 41.6bn, against TWD 37.01bn in 2017.