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Orient Overseas delivers improved result

Declining revenue in the second quarter, but an improved result, for container carrier Orient Overseas International.

Photo: PR-foto

Hong Kong-based container carrier Orient Overseas International Ltd. noted decreased revenue in the second quarter 2015, though the company achieved an improved result, according to the carrier's second quarter interim report.

The company's revenue for the first six months decreased to a total USD 3.04 billion, down from USD 3.24 billion in the same period last year. Meanwhile, the carrier achieved an improved result of USD 238.6 million, up from USD 181.3 million, while also improving its operating result 28 percent from USD 211 million to USD 271 million.

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