Independent journal on economy and transport policy
14:53 GMT+1
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South Korean company HMM has closed the first trimester with an emphasized net loss
the revenues have grown of +6.9%
May 15, 2017
the revenues have grown of +6.9%
In the first trimester of this year the company of South Korean navigation Hyundai Merchant Marine (HMM) has recorded a net loss record pairs to -734,6 billion won (653 million dollars) respect to a net loss of -276,1 billion won in the first three months of 2016. going up to 1.302, 5 billion won, while the costs are increased of +4.6% attesting itself to 1.356, 9 billion won. The operating result has been of sign negative for -131,2 billion won respect to an operating result negative for -162,6 billion won in the first trimester last year.
In the first trimester of the 2017 fleet of portacontainer of the company has transported cargo volumes pairs to 958 thousand teu, with a progression of +37% regarding the correspondent period last year that it is determined mainly by the ulterior acquired volumes of traffic as a result of the failure of the compatriot Hanjin Shipping.
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