Independent journal on economy and transport policy
16:57 GMT+1
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South Korean HMM has closed the second trimester with a reduction of the net loss
The volume of transactions is diminished of -10,3%
August 13, 2013
The consolidated quarterly relation on 30 June of the South Korean shipowning society Hyundai Merchant Marine (HMM) does not anticipate a net loss of -67,6 billion won (61 million dollars) respect to a net loss of -437,3 billion won in the period April-june last year. The revenues have recorded a decrease of -10,3% attesting itself to 1.833, the 2 billion one won regarding 2.044, 6 billion won in according to trimester of 2012 and the operating result has been of sign negative for -66,8 billion won respect to operating liabilities of -86,1 billion won in according to trimester last year.
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