SINGAPORE-HEADQUARTERED Ocean Network Express (ONE) experienced a notable decline in its revenues, earnings, and profits in the third quarter of fiscal year 2023 (October – December), in contrast to the corresponding period in the previous year. The company’s loss reached US$83 million, a striking contrast to the $2.77 billion profit reported in 2022. Additionally, ONE recorded a 46 per cent decline in the quarter revenues to $3.3 billion, reports Greece’s Container News. Moreover, the...
https://www.seanews.com.tr/one-reports-q3-2023-loss-of-over-us-80m/199568/