HMM Q2 Operating Profit Jumps 52% as Revenue Rises on Investment Drive
HMM posted second-quarter operating profit of ₩354.1 billion, up 52% year over year, driven by a rebound in ocean freight rates and improved fleet operating efficiency. Revenue rose 30% to ₩3.4 trillion, but net profit fell 13% to ₩411.4 billion. First-half revenue increased while operating and net profits declined. The company plans to continue investing, expanding its 2030 strategy plan to about ₩29 trillion.