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09 August 2022 The on-line newspaper devoted to the world of transports 03:40 GMT+2

August 1, 2022

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ONE celebrates eighth consecutive quarter of record financial performance

In the April-June period, revenues increased by 56.1%

In the first quarter of fiscal year 2022, which ended on June 30, the Japanese containerized shipping company Ocean Network Express (ONE) once again exceeded previous record economic results as it did. consecutively from the second quarter of fiscal year 2020 (third quarter of calendar year 2020). In the April-June quarter of this year, revenues reached a record high of 9.02 billion, an increase of 56.1% percent from the corresponding period in 2021. EBITDA amounted to 5.86 billion (+ 100.4%) and operating profit to 5.56 billion (+ 109.3%). ONE ended the first quarter of fiscal year 2022 with a record net profit of 5.50 billion (+ 114.9%).

The Japanese company disclosed that in the April-June quarter of this year its container fleet carried cargo volumes of 2.94 million teu, with a decrease of -5.3% percent over the same period last year.

As of June 30, the ONE fleet consisted of 208 container ships for a total load capacity of 1.54 million teu.

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