Its net profit for the first nine months came to $310 million, reversing the $248 million deficit it posted in the first quarter of the year.
The French carrier was satisfied with its performance, which was reflected by a quarterly EBITDA (earnings before interest, tax, depreciation and amortisation) of $617 million.
The carrier said in a statement its third quarter profitability was "close to CMA CGM`s historic highs" due to higher freight rates on all trade routes and better-than-expected cost savings result. Also, its 13 per cent operating margin in the quarter was also an industry best, according to London`s Port Technology International.
In July-September period, the carrier handled a total of 2.7 million TEU, up 3.8 per cent compared to 2.6 million TEU carried in the same period last year.
The carrier said it succeeded in generating $550 million in savings over the first nine months, well ahead of its target.
Looking ahead, CMA CGM expects to make "a substantial profit" at the end of the year.