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Ocean Network Express (ONE) closed FY2025 with a full-year net profit of $338 million on revenue of $16.62 billion. Both figures fell sharply from FY2024, when ONE posted a profit of $4.24 billion on revenue of $19.23 billion. Revenue dropped 14% year-on-year. Profit fell 92%. Softer freight rates drove the decline, as a weaker supply-demand […] The post ONE posts $338 million full-year profit for FY2025 as Middle East costs bite appeared first on Container News .
ONE posts $338 million full-year profit for FY2025 as Middle East costs bite
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