Independent journal on economy and transport policy
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Still a trimester in loss for Hyundai Merchant Marine
In the period July-september the portacontainer of the company they have transported beyond a million teu (+41.0%)
November 10, 2017
In the third trimester of this year the fleet of portacontainer of the South Korean company Hyundai Merchant Marine (HMM) has transported cargo volumes pairs to 1,05 million teu, with an emphasized increment of +41.0% regarding 744 thousand teu transported in the period July-september of 2016. Such increase has been reflected in the increment of +20.1% of the revenues that are piled to 1.295, 6 billion won (1,16 billion dollars) regarding 1.078, 4 billion won in the third trimester last year. The operating result has been of sign negative and pairs to -29,5 billion won respect to an operating result of sign negative for -230,3 billion won in the third trimester of 2016. HMM in the quarter has archived item the period with a net loss of -60,3 billion won respect to a profit of clearly 297,0 billion won July-september last year.
In the first nine months of the 2017 revenues they have been attested to 3.840, altogether 0 billion won, with an increase of +15.9% regarding 3.313, 2 billion won in the period January-september last year. The operating result has been of sign negative for.- 288,8 billion won respect to an operating result of sign negative for -255,1 billion in the first nine months of 2016. Of sign negative also the economic result clearly that it has been of -968,6 billion won respect to a profit of clearly 236,9 billion won in the first nine months last year.
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