The tanker and bulker shipowner had earlier told investors of an expected profit due to improvements in the oil tanker market.
In the first nine months of 2014, CMES recorded a profit of RMB313.07m. In 2013, the Chinese shipowner made a loss of RMB2.18bn.
CMES has been disposing of several elderly vessels in an effort to lower its operating costs and renew its fleet.
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