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16 July 2019 The on-line newspaper devoted to the world of transports 06:54 GMT+2



March 25, 2019

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In the 2018 OOIL it has recorded revenues record pairs to 6,57 billion dollars (+9.9%)

The profit clearly is piled to 108,2 million dollars (- 21.4%)

In 2018, year in which the ships of the fleet of the society they have transported containerized cargo volumes pairs to the quota record of 6,7 million teu with an increase of +6.3% on the year precedence(on 28 January 2019), Orient Overseas (International) Ltd. (OOIL) has recorded revenues record pairs to 6,57 billion dollars, with an increment of +9.9% regarding the exercise anniversary 2017 (whose turned out they are rideterminati taking into consideration the introduction from on January 1°, 2018 of accounting principles HKFRS 9). The precedence peak anniversary of the revenues was marked by OOIL in far away 2008 with 6,53 billion dollars.

In the 2018 operating profit it is piled to 262,9 million dollars (+10.4%) and the profit clearly to 108,2 million dollars (- 21.4%). Turned out Sul economic clearly weighs greater financial burdens enrolled in budget 2018 and pairs to 143,2 million regarding 97,4 million dollars in the exercise anniversary precedence let alone an increase of the gone up taxes to 58,6 million regarding 12,4 million dollars in 2017, while a positive contribution has reached from the registration in the budget of the extraordinary proceeds pairs to 32,7 million dollars deriving from the previewed cession of the American terminalista society Long Beach Container Terminal(on 9 July 2018) regarding extraordinary burdens recorded pairs to -9,8 million dollars in budget 2018.

In the single second half of the year of the 2018 OOIL it has achieved the own new record of semiannual volume of transactions having had totaled almost 3,5 billion dollars, with a rise of +9.8% on the second half of 2017. The precedence absolute record semiannual marked era in the second half of the year of 2012 with almost 3,4 billion dollars. In the second half last year EBITDA and EBIT have attested respective to 396,2 million dollars (+12.7%) and 218,6 million dollars (+55.3%) and the profit for the shareholders has turned out of 118,5 million dollars (+41.0%).

We remember that last year OOIL has entered to take part of shipowning group Chinese COSCO Shipping Holdings Co.(on 16 July 2018). Al 31 last December the fleet of portacontainer of group COSCO, included the OOIL of Hong Kong who is operating through the society integrally controlled Orient Overseas Container Linens (OOCL), was constituted by 477 ships for an ability of cargo total pairs to 2,76 million teu and with a orderbook for other 180 thousand teu of additional ability.




Evergreen Line Vincenzo Miele


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