Slide 1: Financial Results for FY 2024 3rd Quarter
Financial Results for FY 2024 3rd Quarter January 31, 2025 1
Slide 2: Index
Index 1. FY 2024 3rd Quarter Results P.3 2. Liftings, Utilization, P.4 and Freight Index in Major Trades 3. FY2024 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. 6. Appendix: Change of De
Slide 3: FY2024 3rd Quarter Results
1. FY2024 3rd Quarter Results Outline While the increase in vessel supply continued, spot freight rate remained firm with stable cargo movement. In Q3, ONE’s profit was US$1,156 million, significantly improved from the same quarter of the last year on a year-on-year basis. • The Asia-North America t
Slide 4: 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 Results Results Results Results Results Results Results Results Results Results Results Asia - North America Lifting (1,000TEU) 578 706 1,284 653 616 1,26
Slide 5: FY2024 Full Year Forecast
3. FY2024 Full Year Forecast Outline Full-year results for FY 2024 are expected to show a profit of US$4,034 million, exceeding the previous forecast by US$939 million, supported by the solid results up to the 3rd quarter. • With the traditional slack season approaching, slow down in cargo movement
Slide 6: 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 October and November increased by 15% year-on-year. While cargo movement peaked in September and subsequently declined, strong consumer spending and front loading in anticipation of possibl
Slide 7: Reference (Fleet Structure, Service Structure & New Order)
5. Reference（Fleet Structure, Service Structure & New Order) Fleet Structure Service Structure 1) As of end of 2) As of end of Size 2)-1) Sep 2024 Dec 2024 264,600 264,600 0 （FY2024 3Q Structure of dominant and 20,000TEU >= Capacity (TEU) non-dominant space allocation） Vessels 12 12 0 10,500TEU - 20
Slide 8: Appendix: Change of Demand and Freight Index
6. Appendix Change of Demand and Freight index Liftings Freight Index (TEU) (FY2018 1Q=100) ©2025 Ocean Network Express Pte. Ltd. All Rights Reserved 8