HMM secures stable profitability in H1 2026
▶ Revenue for H1 2026 totaled KRW 6,121 billion, with net profit of KRW 765 billion and operating profit of KRW 623 billion, resulting in an operating margin of 10.2%.
▶ In Q2 2026, revenue was KRW 3,402 billion, net profit KRW 411 billion, and operating profit KRW 354 billion.
▶ The Shanghai Containerized Freight Index (SCFI) averaged 1,957 points in H1 2026, up 15% from 1,701 points a year earlier.
▶ Despite revenue losses and rising fuel costs driven by the Middle East conflicts since March, freight rates rebounded starting in late May due to the early onset of the peak season.
1. Financial Results (Consolidated)
2. Comments
• HMM secured stable profitability amid market volatility by optimizing fuel costs, maximizing fleet efficiency through its 'Hub & Spoke' strategy and capturing new demand in Southeast Asia.
• Q3 market uncertainty is set to rise due to supply chain risks like U.S. tariffs, port congestion and geopolitical conflicts.
• Following KRW 10 trillion in investments over the past 15 months, HMM will continue to invest under its expanded KRW 29 trillion mid-to-long-term strategy for 2030 to enhance its future competitiveness and growth.