Independent journal on economy and transport policy
10:21 GMT+2
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HMM has closed the second trimester with an sensitive increment of the revenues and a decrease of the losses
Recorded an operating result of sign negative and pairs about -93 million dollars
August 14, 2019
In according to trimester of the 2019 revenues of the company of South Korean navigation Hyundai Merchant Marine (HMM) they have grown of +12.8% going up to 1.397, 0 billion won (1,15 billion dollars) regarding 1.238, 8 billion won in the period April-june last year. The costs have recorded a contained increment more of piled +4.6% having been to 1.431, 8 billion won. The operating result has been of sign negative and pairs to -112,9 billion won respect to an operating result of sign negative for -199,8 billion won in the second half of the year of 2018. HMM has closed the second trimester of the 2019 with a net loss of -200,7 billion won respect to a net loss of -242,7 billion won in the correspondent period last year.
In the period April-june of the 2019 fleet of portacontenitori of the company has transported cargo volumes pairs to 1,16 million teu, with an light increment of +0.2% on the same period last year.
In entire the first semester of this year the revenues have been attested to 2.712, 9 billion won, with an increase of +15.4% on the first half of the 2018 that has turned out advanced to the increment of +7.7% of the costs that have totaled 2,778, 3 billion won. Operating result and economic result clearly have been both of sign negative and pairs respective to -218,5 billion and 379,2 billion won against sign results they also negative and pairs to -369,9 billion and -418,5 billion won in the first six months last year.
In the first half of the 2019 fleet it has transported 2,25 million teu, with a rise of +5.1% on the first six months last year.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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In according to trimester of the 2019 revenues of the company of South Korean navigation Hyundai Merchant Marine (HMM) they have grown of +12.8% going up to 1.397, 0 billion won (1,15 billion dollars) regarding 1.238, 8 billion won in the period April-june last year. The costs have recorded a contained increment more of piled +4.6% having been to 1.431, 8 billion won. The operating result has been of sign negative and pairs to -112,9 billion won respect to an operating result of sign negative for -199,8 billion won in the second half of the year of 2018. HMM has closed the second trimester of the 2019 with a net loss of -200,7 billion won respect to a net loss of -242,7 billion won in the correspondent period last year.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
