Earnings release
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . ORIENT OVERSEAS ( INTERNATIONAL ) LIMITED 東方 海外 ( 國際 ) 有限公司 * ( Incorporated in Bermuda with members ' limited liability ) ( Stock code : 316 ) UNAUDITED QUARTERLY OPERATIONAL UPDATE FOR THE THIRD QUARTER ENDED 30TH SEPTEMBER 2021 The Board of Directors ( the " Board " ) of Orient Overseas ( International ) Limited ( the " Company " ) has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line ( " OOCL " ) on a quarterly basis . This announcement sets out the unaudited operational update for OOCL for the third quarter ended 30th September 2021. The comparative figures for the third quarter ended 30th September 2020 are also disclosed in this announcement . 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 . - 1