Orient Overseas (International) (0316) Q1 2025 earnings summary

Executive summary

• Total revenues for Q1 2025 rose 16.8% year-over-year to $2,313.7 million.

• Total liftings increased by 9.3% compared to Q1 2024.

• Overall average revenue per TEU grew by 6.9% year-over-year.

Financial highlights

• Q1 2025 revenue: $2,313.7 million, up from $1,980.3 million in Q1 2024.

• Trans-Pacific revenue up 21.9% to $895.3 million; liftings up 23.8%.

• Asia/Europe revenue up 2.3% to $504.8 million; liftings down 4.1%.

• Trans-Atlantic revenue up 10.4% to $170.3 million; liftings up 8.1%.

• Intra-Asia/Australasia revenue up 24.2% to $743.3 million; liftings up 7.4%.

Outlook and guidance

• Performance remains dependent on costs and expenses, with caution advised for future quarters.