Independent journal on economy and transport policy
07:07 GMT+1
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Containerized cargo carried by ONE decreased by -12.7% in the second quarter
Revenues in the period amounted to USD 2.74 billion (-4.8%)
July 31, 2020
In the April-June period of this year, corresponding to the first quarter of fiscal 2020 of the Japanese company, ONE reported revenues of US 2.74 billion, down 4.8% in the second quarter of 2019, and net profit of 167 million dollars compared to 5 million dollars in the second quarter of last year.
ONE announced that in the second quarter of 2020, demand, due to the Covid-19 pandemic, was found to be lower than the -20% compared to the same period in 2019 and specified that in recent weeks there has been a recovery, with a level of demand currently showing 10% lower than last year.
As of June 30, the ONE's fleet consisted of 212 container port with a load capacity of 1.56 million 35% used on trans-pacific rotttes, 21% Asia-Europe, 24% on intra-Asian routes and for 20% in other markets.
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In the April-June period of this year, corresponding to the first quarter of fiscal 2020 of the Japanese company, ONE reported revenues of US 2.74 billion, down 4.8% in the second quarter of 2019, and net profit of 167 million dollars compared to 5 million dollars in the second quarter of last year.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
