HMM earnings and profits rise in 2024

South Korean major ocean carrier HMM has reported revenue of KRW 11,700 billion (US$8 billion), operating profit of KRW 3,513 billion (US$2.42 billion), and net profit of KRW 3,781 billion (US$2.6 billion) in 2024.

All major financial indices of HMM were significantly higher than their corresponding 2023 results, indicating the company’s economic recovery in the previous year.

HMM’s operating margin was 30% in the previous year, “demonstrating its competitiveness in the global shipping market,”...

https://container-news.com/hmm-earnings-and-profits-rise-in-2024/

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