Singapore-based carrier ONE reaped gains in the most recent quarter of the fiscal year 2021 with revenue of USD 5.78 billion and a net result of USD 2.56 billion.
In the first quarter of last year, ONE's revenue came to USD 2.74 billion with a net result of USD 167 million. The newly released results are therefore in contrast with the quarterly results of last year that were heavily affected by the advent of the Covid-19 pandemic, which lowered freight demand.
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