Picture of Orient Overseas (International) logo

316 — Orient Overseas (International) News Story

0.000.00%
hk flag iconLast trade - 00:00
IndustrialsAdventurousLarge CapSuper Stock

Shipping group OOIL falls most in 16 months on lower H1 profit, dividend

BUZZ-Shipping group OOIL falls most in 16 months on lower H1 profit, dividend

** Shares of Orient Overseas (International) 0316.HK (OOIL) fall 8.8% to HK$155.9, on course for the biggest one-day pct drop since April 7, 2025

** Stock hits the lowest level since August 17

** Top pct loser in the benchmark Hang Seng Index .HSI, which is down 0.1%

** The container transport and logistics services group says its H1 net profit dropped 23.7% y/y to $727.95 million

** It declared an interim dividend of $0.55 per share, as compared to $0.72 a year earlier

** YTD, stock up 26.5%, while Hang Seng Index .HSI is down 0.4%





(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

Recent news on Orient Overseas (International)

See all news