Business
HMM : Revenue and profit fell in 1Q 2026 amid lower freight rates and rising costs
HMM : Revenue and profit fell in 1Q 2026 amid lower freight rates and rising costs
About this update from Hmm Co.,ltd
Revenue and profit declined sharply year-over-year in 1Q 2026 due to lower container freight rates and higher costs, while the bulk segment saw improved earnings. The company expanded its fleet and maintained strong utilization, but faces ongoing market and geopolitical uncertainties.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.