Hyundai Merchant Marine Reports Operating Loss of 304 Billion KRW Last Year, Improving 45.6% Year-on-Year
[Asia Economy Reporter Dongwoo Lee] Hyundai Merchant Marine announced on the 13th that it recorded sales of 5.5131 trillion KRW and an operating loss of 304 billion KRW last year. These figures represent improvements of 5.6% and 45.6%, respectively, compared to the previous year.
Fourth-quarter sales amounted to 1.3525 trillion KRW, a decrease of 93 billion KRW compared to the same period last year, while the operating loss improved by 41% to 38.9 billion KRW.
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Hyundai Merchant Marine stated, "We expect performance improvements this year due to the introduction of ultra-large container ships and the effect of joining the shipping alliance 'THE Alliance.'"
This content was produced with the assistance of AI translation services.
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