Orient Overseas (International) — FY1999 Earnings Presentation

4 slides from Orient Overseas (International)'s earnings presentation, 2000

Slide 1: Orient Overseas (International) Ltd 1999 Annual Results
Orient Overseas (International) Ltd 1999 Annual Results
Slide 2: 1999 Annual Results
Orient Overseas (International) Ltd 1999 Annual Results z Growth of turnover by 16.7% to US$2.14 billion z Operating profit before financing increased by US$62.9 million to US$111.2 million z Profit after taxation of US$62.3 million against US$0.2 million of 1998 z Earnings per share of US12.0 cents
Slide 3: 1999 Annual Result Highlight
Orient Overseas (International) Ltd 1999 Annual Result Highlight US$'000 1999 1998 Variance z Turnover 2,139,071 1,832,764 306,307 z Gross profit 401,412 255,758 145,654 z Profit before financing 111,224 48,327 62,897 z Net finance expense 35,256 42,911 (7,655) z Profit before taxation 75,001 3,674
Slide 4: 2000 Outlook
Orient Overseas (International) Ltd 2000 Outlook z General positive trade outlook unless excesses in the US economy trigger harsh correction or slowing of the economy more than expected z Moderate addition of new vessel capacity in 2000 but stronger in 2001 and 2002 z Freight-rate increase on cargoe