Business
HMM : Operating income fell 58.4% YoY as lower freight rates and higher costs pressured margins
HMM : Operating income fell 58.4% YoY as lower freight rates and higher costs pressured margins
About this update from Hmm Co.,ltd
FY2025 saw revenue fall 6.9% YoY and operating income drop 58.4%, mainly due to lower container freight rates and higher costs. The company expanded its fleet, advanced ESG initiatives, and returned KRW 2.67tn to shareholders, while facing a challenging market outlook.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.