Independent journal on economy and transport policy
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Hyundai Merchant Marine has closed 2016 with a decrease of the net loss
The revenues are diminished of -18,8%
February 9, 2017
The company of South Korean navigation Hyundai Merchant Marine (HMM) has archived item the exercise anniversary 2016 with a decrease of the net loss that has turned out pairs to -4,4 billion won (four million dollars) respect to a result negative for clearly -627,0 billion won in 2015. The revenues are piled to 4.584, 8 billion won, with a consisting bending of the -18,8% on the exercise precedence and a decided decrease the operating result has shown also that has been of sign negative and pairs to -833,4 billion won respect to an operating result negative for -279,3 billion won in 2015. Such bendings – it has specified the Asian company – are the result of the bending of the hires caused from a been extended depression of the market of the shipping.
In the 2016 economic result clearly of the activities currents to the gross one of the taxes it has been of positive sign and pairs to 38,3 billion dollars respect to a sign data negative and pairs to -651,8 billion won in the exercise precedence.
The improvement of the HMM results derives mainly from proceeds determined from the cession of asset. Al 31 last December the value total of the which joined assets the assets budgetary turned out inferior almost 1.500 billion won regarding on December 31, 2015 being come down from 5.942, 5 billion to 4.481, 5 billion won.
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