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05 June 2020 The on-line newspaper devoted to the world of transports 21:58 GMT+2



May 15, 2020

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Original news
HMM reduces the costs and contains the losses

In the first three months the portacontainer of the South Korean company they have transported 885 thousand teu (- 18.6%)

Ulteriorly the bending of the transported containerized cargo volumes has been emphasized from the fleet of the company of South Korean navigation HMM that, after the recorded decrease of the -9,6% in the third trimester of the 2019 and decrease of the -15,2% in the quarter next one, in the first trimester of 2020 has turned out of the -18,6% being is boarded on the ships of the group 885 thousand teu regarding 1,09 million teu in the first three months last year.

In the first trimester of this year the revenues of the South Korean company being are piled to 1.313, 1 billion of won (1,1 billion dollars) (- 0.2%). The operating costs instead are dropped of -8,1% coming down to the 1,237,6 billion one won. Operating result and economic result clearly have been both of sign negative and pairs respective to -2,0 billion and -65,6 billion won regarding results they also of sign negative for -105,7 billion and -178,5 billion won in the first three months of 2019.


csteinweg



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