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OOCL reports its operational results

For the third quarter of 2018 (ended 30th September 2018), total volumes were 6.9% up from the same period last year. Total revenues increased by 7.0% to US Dollars 1,555.7 million. Loadable capacity increased by 3.9%. The overall load factor was 2.3% higher than the same period in 2017. Overall average revenue per teu increased marginally by 0.1% compared to the third quarter of last year.

For the first nine months of 2018 (ended 30th September 2018), total volumes increased by 6.3% over the same period last year and total revenues recorded an 8.7% growth. Loadable capacity increased by 7.8%. The overall load factor was 1.2% lower than the same period in 2017. Overall average revenue per teu increased by 2.3% compared to the same period last year.

CAUTION STATEMENT

The Board wishes to remind investors that this operational update for the third quarter ended 30th September 2018 is based on the Group’s internal records and management accounts and has not been reviewed or audited by the auditor. Investors are cautioned not to rely unduly on the operational update for the third quarter ended 30th September 2018. Investors are advised to exercise caution in dealing in the shares of the Company.





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