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HMM maintains Profitability in Q1 amid market volatility

May 14, 2025
Reading Time: 2 minutes
HMM welcomes LNG-powered 7,700 TEU boxship duo for long-term charter

Seoul – HMM was able to maintain its profitability in Q1 amid market volatility

Key Highlights : 

▶The revenue grew by 23% to KRW 2,855 billion in Q1 2025 from KRW 2,330 billion in Q1 2024.▶The net profit improved to 52% to KRW 740 billion in Q1 2025 from KRW 485 billion in Q1 2024.▶The operating profit increased 51% to KRW 614 billion in Q1 2025 from KRW 407 billion in Q1 2024. ▶The Shanghai Containerized Freight Index(SCFI) averaged 1,762 points in Q1 2025, down from 2 . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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