First Steamship improves H1 net profit

First Steamship improved its first-half net profit but revenue fell, Seatrade Asia online reports. The Taiwan-based bulker owner posted first-half net profit of NT$479.1m ($16.2m) compared to NT$438m in the same period of last year. Revenue dipped to NT$622.9m in the period compared to NT$640.8m a year ago. Operating revenue was recorded at NT80.5m while non-operating revenue registered NT$542.4m.