ONE sees annual earnings and profits decline
Ocean Network Express (ONE) has reported a plunge in its revenue, earnings and profits for FY 2022 (April 2022 - March 2023). In particular, the Singapore-headquartered ocean carrier reported a 10% decrease in its yearly profit, compared with FY21 levels, falling to approximately US$15 billion.
Additionally, ONE's revenue shrunk by 3% to US$29.3 billion, the company's Earnings
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