Orient Overseas (International) announces 2015 results
Orient Overseas (International) Limited and its subsidiaries has announced a profit attributable to equity holders for 2015 of US$283.9 million, compared to a profit of US$270.5 million in 2014.
Earnings per ordinary share in 2015 was US45.4 cents, whereas earnings per ordinary share in 2014 was US43.2 cents.
The Board of Directors recommends the payment of a final ordinary dividend of US1.85 cents (HK$0.145) per share to shareholders for 2015.
During the year of 2015, the Group took delivery of four SX class 8,888 TEU new vessels from Hudong-Zhonghua Shipbuilding (Group) Co., Ltd in China. They are also the last four vessels for the series. On 31st March, 2015, orders for six 20,000 TEU class vessels were placed with Samsung Heavy Industries Co., Ltd. in South Korea for delivery in year 2017. To optimise fleet utilisation, two 11-year old 8,063 TEU SX-class vessels were sold and chartered back for a three-year period during the year.
OOIL owns one of the world’s largest international integrated container transport businesses which trades under the name “OOCL”. With more than 320 offices in 70 countries, the Group is one of Hong Kong’s most international businesses. OOIL is listed on The Stock Exchange of Hong Kong Limited.