Taiwan's state-backed shipbuilder CSBC Corp doubled its net profit in the first-half on strong orderbook stretching until 2015.
First-half net profit soared 99% to NT$1.3bn ($44.7m) compared to NT$653.1m in the same period of last year.
The Taipei-listed shipbuilder registered revenue of NT$14.1bn compared to NT$12.4bn a year ago.
CSBC is sitting on an orderbook of 43 ships to be delivered from its Kaohsiung and Keelung yards. The larger Kaohsiung yard is running at full capacity until the second-half of 2015 while the Keelung yard is busy until the first-half of 2014.
First-half net profit soared 99% to NT$1.3bn ($44.7m) compared to NT$653.1m in the same period of last year.
The Taipei-listed shipbuilder registered revenue of NT$14.1bn compared to NT$12.4bn a year ago.
CSBC is sitting on an orderbook of 43 ships to be delivered from its Kaohsiung and Keelung yards. The larger Kaohsiung yard is running at full capacity until the second-half of 2015 while the Keelung yard is busy until the first-half of 2014.