ONE revenues and profits plunge in last quarter of 2022
Singaporean container line Ocean Network Express (ONE) saw a significant drop in its revenues, earnings and profits during the third quarter of its fiscal year 2022 (October - December), compared with the same period last year.
In particular, ONE's revenue fell to US$6.25 billion, earnings before interest, taxes, depreciation, and amortization (EBITDA) decreased to US$3 billion,
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