Independent journal on economy and transport policy
10:08 GMT+1
This page has been automatically translated by Original news
HMM closes 2021 with record annual and quarterly financial performance
In 12 months, revenues increased by +115.1%
February 14, 2022
HMM filed last year with record revenues of 13,794.1 billion won ($11.5 billion), with one extraordinary increase of +115.1% on the 2020 annual financial year. Record values were also marked by operating profit and from net profit, which amounted to 7,377.5 respectively billion won (+652.2%) and 5,326.2 billion won (+4,196.5%).
Even the fourth quarter of 2021 alone was a record period starting from revenues which amounted to 4,443.0 billions of won, with a growth of +121.4% on the period October-December of the previous year. It should be noted that the previous records had been set in the third quarter of 2021 and before still in the second and first quarters of the same year. To go up at the previous historical peak of quarterly turnover it is necessary go back to the fourth quarter of 2008 when revenues were results of 2,305.0 billion won. In the last quarter of 2021 also the value of operating profit, with 2,698.5 billion won and a rise of +375.9% on the corresponding period of 2020, has reached a new historical peak having surpassed the previous ones always marked in the third, second and first quarters of 2021. Also net profit totalled a value never reached before: the 2,661.8 billion won in the fourth quarter of 2021 constitute a fabulous increase of +1,845.8% on the same period of the previous year and a value higher than the previous record of the third quarter of 2021 which in turn had exceeded that record of 783.4 million won recorded in the last quarter of the now distant 2008.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
HMM filed last year with record revenues of 13,794.1 billion won ($11.5 billion), with one extraordinary increase of +115.1% on the 2020 annual financial year. Record values were also marked by operating profit and from net profit, which amounted to 7,377.5 respectively billion won (+652.2%) and 5,326.2 billion won (+4,196.5%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
