ONE reports profit boom of 1,432% during the first quarter

Ocean Network Express (ONE) has seen an astronomical increase of 1,432% in its 2021 first-quarter profits, which exceeded US$2.55 billion, mainly driven by the continuous strong container market.

Besides, the Singaporean line has announced significant growth in its revenue, earnings before interest and taxes (EBIT) and earnings before interest, taxes, depreciation, and amortisation (EBITDA) during the first three months of the year, marking outstanding increases of 111%, 998% and 499%,...

https://container-news.com/one-reports-profit-boom-of-1432-during-the-first-quarter/

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