Net profit in the six-month period ended 30 June 2014 was recorded at RMB11.44m ($1.85m) as against a loss of RMB78.02m in the previous corresponding period.
Coscol’s revenue, however, fell 1.6% year-on-year to RMB3.57m.
Last year, the heavy lift arm of China’s Cosco Group booked a profit of RMB31.49m, emerging from a loss of RMB66.42m in 2012.
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