▶ Revenue for H1 2025 totaled KRW 5,477 billion, with net profit of KRW 1,211 billion and operating profit of KRW 847 billion, resulting in an operating margin of 15.5%.

▶ In Q2 2025, revenue was KRW 2,623 billion, net profit KRW 471 billion, and operating profit KRW 233 billion.

▶ The Shanghai Containerized Freight Index (SCFI) averaged 1,701 points in H1 2025, down 27% from 2,319 a year earlier, reflecting weaker freight rates amid continued U.S. protectionist tariff measures and trade tensions.

1. Financial Results (Consolidated)

2. Comments

- The expiry of tariff grace periods and ongoing renegotiations are expected to increase market volatility, with regional demand shifts likely to sustain supply chain congestion.
- HMM will address these conditions through flexible fleet deployment, stable revenue from long-term contracts including COA for bulk cargo, and cost reductions via vessel efficiency improvements.
- Under its 2030 mid-to-long-term strategy, HMM has already taken delivery of two of its nine 9,000-TEU methanol-powered containerships, with the remaining seven scheduled for delivery by H1 2026.
- In the bulk sector, seven PCTCs ordered in 2023 are scheduled for sequential delivery from September 2025. Additional deployments will include four MPVs and two MR chemical tankers. HMM will continue efforts to diversify its fleet portfolio.