Slide 1: Financial Results for FY2024
Financial Results for FY2024 April 30, 2025 1
Slide 2: Index
Index 1. FY2024 Full Year Results P.3 2. Liftings, Utilization, P.4 and Freight Index in Major Trades 3. FY2025 Full Year Forecast P.5 4. ONE’s Response to Recent Changes in the P.6 Business Environment 5. Reference (Fleet Structure, Service Structure & P.7 New Order) 6. Appendix: Change of Demand a
Slide 3: 1. FY2024 Results
1. FY2024 Results Outline Freight rates remained stable amid strong cargo demand. However, following the Lunar New Year, spot rates began to decline due to delayed demand recovery and vessel oversupply. For the full year, ONE’s profit was US$4,244 million, significantly improved from the last year.
Slide 4: 2. Liftings, Utilization and Freight Index in Major Trades
2. Liftings, Utilization and Freight Index in Major Trades FY2023 FY2024 Liftings / Utilization by Trades 1Q 2Q 1H 3Q 4Q 2H Full Year 1Q 2Q 1H 3Q 4Q 2H Full Year Results Results Results Results Results Results Results Results Results Results Results Results Results Results Asia - North America Lifti
Slide 5: 3. FY2025 Full Year Forecast
3. FY2025 Full Year Forecast Outline • Considering the prevailing geopolitical landscape and the significant economic instability introduced by recent tariff developments in April, forecasting a precise full-year profit figure for FY2025 presents considerable challenges. • In this context, our basel
Slide 6: 4. ONE's Response to Recent Changes in the Business Environment
4. ONE’s Response to Recent Changes in the Business Environment ➢Cargo movements from Asia to North America in January and February increased by 13.4% year-on-year, driven by robust demand. This surge appears to reflect strong U.S.consumer spending and front loading in anticipation of tariff hikes.
Slide 7: 5. Reference (Fleet Structure, Service Structure & New Order)
5. Reference（Fleet Structure, Service Structure & New Order) Fleet Structure Service Structure （FY2024 4Q Structure of dominant and non-dominant space allocation） Current Orders of New Vessels(Including Long-Term Chartered Vessels) ©2025 Ocean Network Express Pte. Ltd. All Rights Reserved 7
Slide 8: 6. Appendix Change of Demand and Freight index
6. Appendix Change of Demand and Freight index Liftings Freight Index (TEU) (FY2018 1Q=100) TPEB : Transpacific Eastbound ©2025 Ocean Network Express Pte. Ltd. All Rights Reserved 8