Container

HMM posts black figures but prepares to cut costs

There are ”no encouraging sign of restoring desire for consumption” according to Korea’s flag ship carrier HMM which on par with some of its peers foresees cost-cutting measures.
The carrier delivered a net profit of KRW 95bln (USD 72m), corresponding to a decline of 95 percent compared with the same periode last year. | Photo: Hmm
The carrier delivered a net profit of KRW 95bln (USD 72m), corresponding to a decline of 95 percent compared with the same periode last year. | Photo: Hmm
by TOMAS KRISTIANSEN

South Korean container carrier HMM has posted a profit, however small, for the third quarter according to the interim result published Friday.

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