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28 May 2018 The on-line newspaper devoted to the world of transports 03:16 GMT+2



May 16, 2018

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Hyundai Merchant Marine has closed the first trimester with a net loss of about -163 million dollars

The revenues are dropped of the -14,6% to a billion of dollars

In the first trimester of this year the South Korean shipowning society Hyundai Merchant Marine (HMM) has recorded revenues pairs to 1.112, 0 billion won (1,0 billion dollars), with a decrease of the -14,6% regarding 1.302, 5 billion won in the first three months of 2017. The total costs are dropped of -10,7% attesting itself to 1.211, the 4 billion one won. The operating result has been of sign negative and pairs to -170,1 billion won respect to an operating result of -131,3 billion won in the first trimester last year. Of sign negative also the result before the taxes that is piled to -172,4 billion won (- 731,4 billion won in the first three months of 2017).

HMM last year has archived item the first trimester of the 2018 with a net loss of -175,7 billion won respect to a net loss of -734,6 billion won in the first trimester. To signal that the results of the first trimester of the 2017 included losses for reduction of the value of the fleet pairs to 479,5 billion won deriving from the sale of ten portacontainer in the within of the South Korean governmental plan in support of the shipping national(on 7 March 2017).


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