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13 December 2019 The on-line newspaper devoted to the world of transports 23:16 GMT+1



November 14, 2019

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Original news
Hyundai Merchant Marine curls ventottesimo turned out operating quarterly of sign the negative

The South Korean company has closed the third trimester of this year with a net loss of about 106 million dollars

In the third trimester of this year the company of South Korean navigation Hyundai Merchant Marine (HMM) has recorded an improvement of the economic performances with results that remain however negative in the territory by now longest time and with revenues that, after four quarterly periods with trend of increase to double figure percentage, in the period July-september of the 2019 have only shown an light increment. The volume of transactions in fact is piled to 1.447, 7 billion won (1,2 billion dollars), with a rise of +1.5% on the third trimester of 2018. The operating costs have recorded a decrease of -4,0% coming down to 1.417, the 4 billion one won. The operating result, for ventottesimo the consecutive trimester, has been of sign negative and pairs to -46,6 billion won respect to an operating result negative for -123,1 billion won in the quarter July-september last year. HMM has archived item the third trimester of 2019, for the twelfth consecutive quarterly period, with a net loss piled to -124,2 billion won respect to a net loss of -166,7 billion won in the correspondent period of 2018.

In the first nine months of this year the revenues have been attested to 4.160, 6 billion won, in increase of +10.2% on the same period of 2018, and the operating costs have totaled 4,195, 7 billion (+3.4%). Operating result and economic result clearly have been both of sign negative and pairs to -265,1 billion and -503,4 billion won regarding sign results they also negative and pairs to -493,0 billion and -585,2 billion won in the period January-september last year.


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