Independent journal on economy and transport policy
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Hyundai Merchant Marine reduces the losses
Last year the revenues of the South Korean company are increased of +3.9%
February 12, 2019
In the 2018 revenues of the company of South Korean navigation Hyundai Merchant Marine (HMM) they have grown of +3.9% attesting to 5.222, 1 billion won (4,6 billion dollars) regarding 5.028, 0 billion won in the exercise anniversary precedence. The operating result has been of sign negative and pairs to -576,5 billion won respect to a sign result also it negative for -406,8 billion won in 2017. HMM has closed the 2018 with a net loss of -808,3 billion won respect to a net loss of -1.190, 7 billion won in the year precedence.
In the solo fourth trimester of the 2018 revenues of the company they have recorded a strong increase of +21.7% having been piled to 1.445, 5 billion won regarding 1.188, 0 billion won in the period October-December of the year precedence. Operating result and economic result clearly have been both of sign negative and pairs respective to -83,5 billion and -223,0 billion won regarding results of sign negative for -118,0 billion and -249,6 billion won in the last trimester of 2017.
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