Orient Overseas International Limited (OOIL), the owner of Hong Kong-based ocean carrier Orient Overseas Container Line (OOCL), announced its financial and operating results for the last year.
In 2023, the company reported revenues of US$8.34 billion, earnings before interest, taxes, depreciation and amortization (EBITDA) of US$2.26 billion, earnings before interest and taxes (EBIT) of US$1.41 billion and profit of US$1.37 billion. At the end of 2023, OOIL’s operating cash flow was US$617...
https://container-news.com/oocl-experiences-financial-downturn-despite-modest-box-volume-growth/