Independent journal on economy and transport policy
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Eighth consecutive trimester in loss for the Hyundai Merchant Marine South Korean
In the period July-september of this year the revenues are increased of +10.1%
November 14, 2018
In the third trimester of this year, for the eighth consecutive quarterly period, the company of South Korean navigation Hyundai Merchant Marine (HMM) has recorded an economic result clearly of sign negative that has been pairs to -166,7 billion won (147 million dollars) respect to a net loss of -60,3 billion won in the period July-september of 2017. The revenues are piled to 1.425, 8 billion won, in increase of +10.1%. More emphasized the increase of the costs that have been attested to 1.476, 7 billion won (+18.5%). Operating result and result before taxes have been both of sign negative and pairs respective to -123,1 billion and -164,2 billion won against sign results they also negative and pairs to -29,5 billion and -56,7 billion won in the third trimester last year.
In the first nine months of the 2018 revenues of the company they are diminished of -1,7% coming down to 3.776, the 7 billion one won regarding 3.840, 0 billion in the period January-september last year. The costs have grown of +4.2% to 4.057, 3 billion won. Results operating, before taxes and clearly have been all of sign negative and pairs to -493,0 billion, -575,5 billion and -585,2 billion won regarding sign results they also negative for -288,8 billion, -965,6 billion and 968,7 billion won in the first nine months of 2017.
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