OOCL extends robust performance in first quarter
Revenue soared 96% year on year to more than $3bn in the three months to March 31, while liftings jumped 23.8% to nearly 2m teu
Strong provisional results shown in the first quarter of the year operational update are reflected in the earnings forecast by OOCL’s parent company, Cosco Shipping Holdings, which expects profit to surge 50 times to about $2.4bn
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