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HMM’s net profit sank 37% to ₩765 billion (US$542.203 million) in the first half of the year from the same period last year
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Revenue though grew 12% to ₩6.121 trillion (US$3 billion) from ₩5.48 in January to June 2025 despite higher fuel costs and trade flow disruptions tied to the Middle East crisis
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In the second quarter, revenue reached ₩40 trillion while operating profit was ₩354 billion and net profit at ₩411 billion
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The negative impact of the Middle East situation was tempered by the recovery of freight rates starting late May due to the early onset of the peak seasos
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For the long term, HMM continues to focus on investments to enhance future competitiveness and growth, with ₩10 trillion spent over the past 15 months and more lined up
HMM’s net profit sank 37% to ₩765 billion (US$542.203 million) from ₩1.21 trillion in the first half of 2026, according to a news release from the South Korean carrier.
Revenue though grew 12% to ₩6.121 trillion (US$4.3 billion) from ₩5.48 in January to June 2025 despite higher fuel costs and trade flow disruptions tied to the Middle East crisis.
In the second quarter, revenue reached ₩3.40 trillion while operating profit was ₩354 billion and net profit at ₩411 billion.
READ: HMM reports lower revenue, profit in Q1 2026
The negative impact of the Middle East situation was tempered by the recovery of freight rates starting late May due to the early onset of the peak season.
The Shanghai Containerized Freight Index averaged 1,957 points during the first half, 15% higher than the 1,701-point average during the same period last year.
HMM said their stable profitability amid market volatility was driven by fuel cost optimization, maximizing fleet efficiency through its ‘Hub & Spoke’ strategy and capturing new demand in Southeast Asia.
For the third quarter, the company sees market uncertainty due to supply chain risks like the new United States tariffs, port congestion and geopolitical conflicts.
For the long term, HMM continues to focus on investments to enhance future competitiveness and growth, with ₩10 trillion spent over the past 15 months and more lined up under its expanded ₩29 trillion mid-to-long-term strategy for 2030.
READ: HMM retains top global ESG ratings for 3rd consecutive year
