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HMM reports solid financial performance in 2024

February 11, 2025
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HMM welcomes LNG-powered 7,700 TEU boxship duo for long-term charter

Seoul - HMM has reported solid set of financial performance in the year 2024. 

The revenue was KRW 11,700 billion, with a net profit of KRW 3,781 billion and an operating profit of KRW 3,513 billion in 2024. The operating margin in 2024 is 30%, demonstrating its competitiveness in the global shipping market.

HMM debt ratio remained at 21%, maintaining a solid financial position.

The strong performance was driven by strategic fleet expansion and network optimization—deploying twelve 13K newbuilds, enhancing transpacific services, and launching the new FLX route . . .

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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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