

Seoul – HMM navigated volatile market to record Q3 Profits.
Key Highlights –
▶The Revenue for Q3 KRW 2,706 billion, with a net profit of KRW 304 billion and an operating profit of KRW 297 billion.▶For the cumulative period from Q1 to Q3, revenue reached KRW 8,184 billion, net profit of 1,515 billion, and operating profit of KRW 1,144 billion.▶ Despite lower freight rates, HMM maintained a stable operating margin of 11%, it reflects continued efforts in cost optimization and efficient operations.▶ The Shanghai Containerized Freight Index(SCFI) averaged 1 . . .
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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