Blockbuster Q1 for HMM

HMM Announces Significant Revenue and Profit Growth in Q1 2025 - mfame.guru

South Korean container shipping company HMM has announced strong or positive results for the first quarter of 2025, reports Container News. Strong Performance Hyundai Merchant Marine (HMM) has announced a strong financial performance for the first quarter of 2025. The South Korean container shipping company reported a 23% year-on-year increase in revenue, reaching KRW 2,855 billion (approximately US$2 billion). Furthermore, HMM achieved a 51% ri…

Blockbuster Q1 for HMM

Dale Crisp SOUTH KOREA’s HMM saw total revenue in Q1 2025 grow by 23% to KRW 2,855 billion (USD 2,051 billion) from KRW 2,330 billion in Q1 2024. At the same time net profit improved to 52% to KRW 740 billion in Q1 2025 from KRW 485 billion in Q1 2024, and operating profit increased 51% to KRW 614 billion in Q1 2025 from KRW 407 billion in Q1 2024. In the container segment operating profit reached KWR 578 billion, up 65% y-o-y while net profit c…