South Korea’s major container line HMM has posted significant gains in first-half revenue and profits.
In particular, HMM reported a year-on-year 18.6% growth in its H1 revenue, reaching KRW 4,993 billion, an 88% increase in net profit climbing to KRW 1,146 billion, and a 125% increase in operating profit rising to KRW 1,051.
HMM’s first-half operating margin is 21.1%, which is the highest level among global ocean carriers.
“A boost in freight rates and the strengthening of profitability-oriented...
https://container-news.com/hmm-achieves-growth-in-first-half-revenue-and-profits/