Russian cargoship owner North-Western Shipping (NWS) overturned a loss thanks to rising revenue in the first six months.
Net profit to 30 June was RUB 1.08bn ($15.65m), against a loss of RUB 79.55m a year earlier, the company reported.
Revenue from ship charters grew by 23.66% to RUB 4.04bn from RUB 3.27bn over the same period.
Operating profit was up to RUB 1.13bn, against RUB 86.62m in 2017.
In 2017, NWS's freight traffic increased by 3.5% year-on-year to 5.8 million tonnes.
