HMM operating profit surges 370% in third quarter

South Korean container shipping company HMM reported a sharp increase in earnings for the third quarter of 2026, with operating profit rising 370% year-on-year amid improvements in operational efficiency and profitability across its shipping businesses.

The carrier recorded consolidated revenue of KRW 4.13 trillion during the quarter, up 52% from KRW 2.71 trillion in the corresponding period of 2025.

Operating profit climbed to KRW 1.40 trillion from KRW 297 billion a year earlier, while net profit increased 405% to KRW 1.54 trillion, compared with KRW 304 billion in the third quarter of 2025.

The company reported an operating profit margin of approximately 34%, reflecting its ongoing focus on cost optimisation and efficient fleet operations.

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