In the third quarter of this year, the significant reduction in the company's financial results South Korean HMM shipping despite the sharp increase in volumes of containerized goods transported by the fleet that is counterbalanced by the continuous decline in the value of sea freight rates. In the period, the company's revenues amounted to 2,126.6 billion won ($1.6 billion), with a decrease of -58.4% compared to the third quarter of last year, of which more than 1.7 trillion won generated by the container transport (-63.2%) and €333.6 billion from business maritime freight of bulk (+4.1%), including revenues of €197.3 billion produced by the dry bulk segment (-17.8%) and €136.3 billion from liquid bulk (+70.8%). Costs decreased by -16.9% to over 1.9 trillion won.

HMM closed the third quarter of 2023 with an operating profit by 75.8 billion won (-97.1%) and a net profit of 95.4 billion won (-96,4%).

During the period, the company's container fleet transported loads totalling more than one million TEU (+12%) and in the quarter the average value of freight rates was Result equal to 946 dollars/TEU (-66.9%).

In the first nine months of this year, the fleet transported a total of more than 2.8 million TEUs, with an increase of +4.0% over the same period of 2022, an activity that, together with the and other operations, generated revenues of to over 6.3 trillion won (-57.9%), an operating profit of 542.9 billion (-93.7%) and a net profit of 705.7 billion won (-91,9%).