HMM Records Total Revenue Of KRW 1,313.1 Billion For Q1 2020

HMM Algeciras

Total revenue in Q1 2020 decreased 0.2% (- KRW 2.8 billion) YoY to KRW 1,313.1 billion and operating profit improved 98.1% (+ KRW 103.7 billion) YoY to KRW – 2 billion.

Net profit in Q1 2020 improved 63.2% (+ KRW 112.9 billion) YoY to KRW 65.6 billion.

Container handling volumes in Q1 2020 decreased 18.7% (- 0.2 million TEU) YoY to 0.89 million TEU due to the supply-side disruptions for five weeks, mainly in China.

Image Credits: hmm21.com

Despite negative impacts led by the spread of the COVID-19,...

https://www.marineinsight.com/shipping-news/hmm-records-total-revenue-of-krw-1313-1-billion-for-q1-2020/

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