HMM reports record net of 10.07 trillion won in 2022
이 글자크기로 변경됩니다.
(예시) 가장 빠른 뉴스가 있고 다양한 정보, 쌍방향 소통이 숨쉬는 다음뉴스를 만나보세요. 다음뉴스는 국내외 주요이슈와 실시간 속보, 문화생활 및 다양한 분야의 뉴스를 입체적으로 전달하고 있습니다.
HMM reported a net profit of 10.07 trillion won ($7.87 billion) in 2022, up 89 percent on year and beating analyst expectations thanks to high shipping prices in the first half of last year.
Analyst expectations compiled by FnGuide indicated the container shipper would log a net profit of 9.79 trillion won.
It reported a record high revenue of 18.59 trillion won, up 35 percent on year and surpassing expectations of 18.4 trillion won in revenue.
Operating profit rose 35 percent on year to 9.94 trillion won, also hitting a record high. The figure beat analyst expectations of a 9.89-trillion-won operating profit.
HMM explained that shipping fares on all routes recorded high levels following the Covid-19 pandemic and the congestion of the U.S. ports until the first half of last year, and the increased efficiency by procuring its own ships and improving freight costs and constitution from the introduction of super-large ships led to a strong performance.
The Shanghai Containerized Freight Index (SCFI), a benchmark index for container shipping rates, decreased to 1,129 points in December last year from an average of 5,067 points in January 2022.
"A slowdown in overall demand is inevitable due to weak consumer sentiment caused by the global economic recession, such as inflation, interest rate hikes, and energy crisis," HMM said.
BY SEO JI-EUN [seo.jieun1@joongang.co.kr]
Copyright © 코리아중앙데일리. 무단전재 및 재배포 금지.
- Seungri is free, and his die-hard fans couldn't be more delighted
- Korean child goes unregistered as legal father denies paternity
- Three more people rescued by Korean emergency response team in Turkey
- Actor Yoo Ah-in tests positive for marijuana
- 'Dream Maker' final forms new seven-member Filipino boy band Hori7on
- [Why] How did Gangnam become the Seoul epicenter it is today?
- Son Heung-min wins legal dispute against former agency
- Kansas City Chiefs to face Philadelphia Eagles at Super Bowl 2023
- Korean portals cautious about ChatGPT in Korea
- Rail yard in southern Seoul to be redeveloped into IT hub