Independent journal on economy and transport policy
18:21 GMT+1
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HMM revenues grew by +18.7% in the third quarter
The period was closed with a net profit of approximately $22 million
November 13, 2020
In the third quarter of 2020, the Company's fleet of HMM carried containerised cargoes totalling 1.04 million teu (-2.8%).
In the first nine months of this year, revenues amounted to 4,406.7 billion won, up +5.9% over the same period 2019. Operating expenses amounted to 3,773.7 billion (-10,1%) and operating profit of 413.8 billion compared to a negative operating result of -265.1 billion in the first nine months of 2019. HMM closed the period January-September of 2019 2020 with a net loss of -12.8 billion compared to a loss of net of -503.4 billion won in the corresponding period of last year. The volumes of containerised cargoes transported by the fleet amounted to 2.8 million teu compared to 3.3 million in the first nine months of 2019.
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In the third quarter of 2020, the Company's fleet of HMM carried containerised cargoes totalling 1.04 million teu (-2.8%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
