Evergreen Marine Corp., the listed unit of Asia’s biggest container line, posted a fourth straight quarterly profit as the global economic recovery boosted shipping volumes.

Net income was NT$1.31 billion ($46 million), or 41 cents a share, in the first quarter, compared with a net loss of NT$87 million, or 3 cents, a year earlier, the Taipei-based company said in a Taiwan Stock Exchange filing today. The figure beat the NT$734 million average of six analyst estimates compiled by Bloomberg.

From Bloomberg