OCEAN NETWORK EXPRESS RELEASES FINANCIAL RESULTS FOR FY 2025 FIRST QUARTER
SINGAPORE, 1 August 2025 – Ocean Network Express (ONE) has released its financial results for FY2025 1st quarter (April 2025 ꦿto June 2025).
The revenue for FY2025 1st quarter was US$ 4,049 million, with net profit of US$ 86 million.
Jeremy Nixon, CEO of Ocean Network Express, says, "Our FY2025 1Q results show our adaptability amid ongoing geopolitical and economic challenges. Our full year forecast is likely to face headwinds from continued geopolitical uncertainties and evolving market conditions in key economies and port congestion that impact global supply chains. We are optimizing our cargo portfolio and vessel deployment while implementing measures to address logistical challenges. This ensures we maintain agile, efficient operations and provide customers with quality service."
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About Ocean Network Express (ONE)
Ocean Network Express (ONE), headquartered in Singapore, is one of the world’s leading liner shipping companies. It operates a fleet of over 260 vessels with a capacity exceeding 2 million TEUs. Through its extensive global network, ONE provides reliable container shipping services to over 120 countries.
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