ONE reports sharp drop in Q1 profit, cuts forecast
2025-08-01 08:49

ONE reports sharp drop in Q1 profit, cuts forecast

by John Kuiyaki
ONE reports sharp drop in Q1 profit, cuts forecast

"Ocean Network Express (ONE) reported a net profit of $86 million for Q1 FY2025 (1 April – 30 June) a drop of 89% compared to the same period in FY2024. Net profit was 72% lower than the fourth quarter in FY2024." See the original story at Seatrade Maritime News.

Source: Seatrade Maritime News