Jinhui Holdings (HKG:0137) said its Oslo-listed subsidiary, Jinhui Shipping and Transportation, reported a consolidated net profit of $7.6 million for the third quarter, rebounding from a consolidated net loss of $8.08 million a year earlier.
Earnings per share were $0.070, compared with a loss per share of $0.074 a year prior.
Quarterly revenue of Jinhui Shipping surged 127% to $45.6 million from $20 million in the year-ago period, according to a Tuesday filing with the Hong Kong bourse.
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