HMM Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 01:24 am EST
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HMM Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 54,885 million compared to KRW 44,717 million a year ago. Net income was KRW 2,299,801 million compared to KRW 24,604 million a year ago. Basic earnings per share from continuing operations was KRW 5,612 compared to basic loss per share from continuing operations of KRW 1 a year ago. Diluted earnings per share from continuing operations was KRW 2,239 compared to diluted loss per share from continuing operations of KRW 1 a year ago. Basic earnings per share was KRW 5,612 compared to basic loss per share of KRW 1 a year ago. Diluted earnings per share was KRW 2,239.
For the nine months, sales was KRW 146,982 million compared to KRW 139,894 million a year ago. Net income was KRW 2,664,371 million compared to net loss of KRW 12,905 million a year ago. Basic earnings per share from continuing operations was KRW 7,163 compared to basic loss per share from continuing operations of KRW 248 a year ago. Diluted earnings per share from continuing operations was KRW 2,588 compared to diluted loss per share from continuing operations of KRW 248 a year ago. Basic earnings per share was KRW 7,163 compared to basic loss per share of KRW 248 a year ago. Diluted earnings per share was KRW 2,588.
HMM Co Ltd, formerly Hyundai Merchant Marine Co Ltd, is a Korea-based company specialized in the provision of shipping services. The Company operates its business through three segments. The Container segment provides dangerous cargo service, reefer cargo services, over-sized cargo service and others. Its container services provide container carrier transportation services, which include transpacific services, Asia-Europe services, transatlantic services, intra-Asia services and Latin America services. The Bulk segment provides transportation services with vessels such as tankers, liquid natural gas (LNG) carriers, liquid petroleum gas (LPG) carriers and trampers for LNG, LPG, steel mills, power plants, coals and iron ores suppliers. The Other segment engages in the terminal operation.
HMM CO.,LTD 
