Hyundai Merchant Marine (HMM) has trimmed the red ink in the second quarter on the back of cost cutting efforts and increased sales.
The South Korean shipowner lost KRW 200.7bn ($165m) in the April – June 2019 period versus a loss of KRW 242.7bn
South Korea’s largest shipowner sees improved second quarter, but warns of difficulties ahead
Hyundai Merchant Marine (HMM) has trimmed the red ink in the second quarter on the back of cost cutting efforts and increased sales.
The South Korean shipowner lost KRW 200.7bn ($165m) in the April – June 2019 period versus a loss of KRW 242.7bn