HMM books profit in the second quarter with help from large ships and alliance

South Korean HMM books a profit of USD 28 million for the second quarter, which is largely due to the partnership in The Alliance, the company writes. The coronavirus continues to create uncertainty.

Photo: HMM

South Korea''s HMM managed to book a profit for the second quarter of the year despite the coronavirus outbreak.

The shipping company's profit came to USD 28 million, up from a USD 166 million deficit for the same period last year. Revenue came to USD 1.1. billion, which is somewhat similar to that of the second quarter 2019.

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