Independent journal on economy and transport policy
11:38 GMT+1
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HMM has closed the second trimester with an sensitive increment of the revenues and a decrease of the losses
Recorded an operating result of sign negative and pairs about -93 million dollars
August 14, 2019
In according to trimester of the 2019 revenues of the company of South Korean navigation Hyundai Merchant Marine (HMM) they have grown of +12.8% going up to 1.397, 0 billion won (1,15 billion dollars) regarding 1.238, 8 billion won in the period April-june last year. The costs have recorded a contained increment more of piled +4.6% having been to 1.431, 8 billion won. The operating result has been of sign negative and pairs to -112,9 billion won respect to an operating result of sign negative for -199,8 billion won in the second half of the year of 2018. HMM has closed the second trimester of the 2019 with a net loss of -200,7 billion won respect to a net loss of -242,7 billion won in the correspondent period last year.
In the period April-june of the 2019 fleet of portacontenitori of the company has transported cargo volumes pairs to 1,16 million teu, with an light increment of +0.2% on the same period last year.
In entire the first semester of this year the revenues have been attested to 2.712, 9 billion won, with an increase of +15.4% on the first half of the 2018 that has turned out advanced to the increment of +7.7% of the costs that have totaled 2,778, 3 billion won. Operating result and economic result clearly have been both of sign negative and pairs respective to -218,5 billion and 379,2 billion won against sign results they also negative and pairs to -369,9 billion and -418,5 billion won in the first six months last year.
In the first half of the 2019 fleet it has transported 2,25 million teu, with a rise of +5.1% on the first six months last year.
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In according to trimester of the 2019 revenues of the company of South Korean navigation Hyundai Merchant Marine (HMM) they have grown of +12.8% going up to 1.397, 0 billion won (1,15 billion dollars) regarding 1.238, 8 billion won in the period April-june last year. The costs have recorded a contained increment more of piled +4.6% having been to 1.431, 8 billion won. The operating result has been of sign negative and pairs to -112,9 billion won respect to an operating result of sign negative for -199,8 billion won in the second half of the year of 2018. HMM has closed the second trimester of the 2019 with a net loss of -200,7 billion won respect to a net loss of -242,7 billion won in the correspondent period last year.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
