HMM Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 02:33 am EST
Share
HMM Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 63,920 million compared to KRW 56,465 million a year ago. Net income was KRW 95,363 million compared to KRW 2,614,051 million a year ago. Basic earnings per share from continuing operations was KRW 163 compared to KRW 5,218 a year ago. Diluted earnings per share from continuing operations was KRW 90 compared to KRW 2,501 a year ago. Basic earnings per share was KRW 163 compared to KRW 5,218 a year ago. Diluted earnings per share was KRW 90 compared to KRW 2,501 a year ago.
For the nine months, sales was KRW 183,613 million compared to KRW 188,254 million a year ago. Net income was KRW 705,609 million compared to KRW 8,691,699 million a year ago. Basic earnings per share from continuing operations was KRW 1,348 compared to KRW 17,583 a year ago. Diluted earnings per share from continuing operations was KRW 678 compared to KRW 8,424 a year ago. Basic earnings per share was KRW 1,348 compared to KRW 17,583 a year ago. Diluted earnings per share was KRW 678 compared to KRW 8,424 a year ago.
HMM Co Ltd, formerly Hyundai Merchant Marine Co Ltd, is a Korea-based company specialized in the provision of shipping services. The Company operates its business through three segments. The Container segment provides dangerous cargo service, reefer cargo services, over-sized cargo service and others. Its container services provide container carrier transportation services, which include transpacific services, Asia-Europe services, transatlantic services, intra-Asia services and Latin America services. The Bulk segment provides transportation services with vessels such as tankers, liquid natural gas (LNG) carriers, liquid petroleum gas (LPG) carriers and trampers for LNG, LPG, steel mills, power plants, coals and iron ores suppliers. The Other segment engages in the terminal operation.
HMM CO.,LTD 
