HMM reported on the 14th that its operating profit in the first quarter of this year reached 613.9 billion won, an increase of 51% compared to the same period last year.
During the same period, sales amounted to 2.8547 trillion won, an increase of 22.5%, and net profit also rose to 739.7 billion won, up 52.5%.
HMM noted that its performance improved due to efforts to increase volume through fleet expansion, new service enhancement, and strengthened sales amid ongoing trade conflicts caused by U.S. protectionist policies.
A representative from HMM said, "Based on the 2030 long-term plan, we will secure our fleet and operate flexibly in response to regional supply and demand changes," adding, "We plan to prepare for the uncertain market situation by discovering high-profit cargo in the bulk sector and reducing expenses through digitalization."