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Home > All news > Logistics, Shipping > Ocean Network Express registers strong Financial Result for FY2024 2nd Quarter

Ocean Network Express registers strong Financial Result for FY2024 2nd Quarter

November 5, 2024

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Ocean Network Express registers strong Financial Result for FY2024 2nd Quarter

SINGAPORE : Ocean Network Express (ONE) released the financial result for FY2024 2nd Quarter (from July 2024 to September 2024).

The revenue for FY2024 2nd quarter was US$5,864million, up 65% from the same quarter of the last year, with net profit of US$1,999million (YoY +US$1,812million).

The Asia-North America and Asia-Europe trades have experienced strong demand, driven by consistent consumer demand and an early peak season in July and August. In addition, early shipments in the North America trade are in response to . . .

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