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Hongkong Earnings Analysis: 
Orient Overseas Net Loss
Author: Trupti Mehta
123jump.com
Last Update: 5:21 AM ET March 19 2010


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Orient Overseas (International) Limited 2009 revenues fell 33% to $4.35 billion and net loss was $402.3 million or 64.3 cents a share.

 
5:25PM Hong Kong, China - Orient Overseas (International) Limited was $402.3 million or 64.3 cents and net loss was $402.3 million.

Orient Overseas (International) Limited, the Container shipper said 2009 revenues fell 33% to $4.35 billion from $6.53 billion a year ago. Net loss in the year was $402.3 million or 64.3 cents per diluted share compared to net profit of $272.3 million or 43.5 cents per share a year ago.

Orient Overseas (International) Limited, in the last one year traded as high as HK$63.50 in March 2010 and as low as HK$17.12 in April 2009. Based on the yesterday’s closing price of HK$59.00 the company has market cap of HK$36.89 billion.
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