For the third quarter ended 30th September 2021, total revenues increased by 125.3% to US Dollars 4,313.7 million, as compared to the same period in 2020. This record result was achieved despite severe congestion around the network, which drove down liftings by 7.2% and loadable capacity by 7.6%. The overall load factor was 0.4% higher than the same period in 2020. Overall average revenue per TEU increased by 142.7% compared to the third quarter of last year.
For the nine months ended 30th September 2021, total revenues recorded growth of 114.4% and total liftings increased by 9.6% over the same period last year. Loadable capacity increased by 5.9%. The overall load factor was 2.9% higher than the same period in 2020. Average revenue per TEU increased by 95.6% compared to the same period last year.
The Board wishes to remind investors that this operational update for the third quarter ended 30th September 2021 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 2021. Investors are advised to exercise caution in dealing in the shares of the Company.
Source: OOIL