The following release was published by HMM:
- The revenue was KRW 10,891 billion, with a net profit of KRW 1,879 billion and an operating profit of KRW 1,461 billion in 2025.
- The operating margin in 2025 stood at 13.4%, maintaining solid profitability despite a weak global shipping market.
- The Shanghai Containerized Freight Index (SCFI) averaged 1,581 points in 2025, representing a 37% decline from the 2024 average of 2,506 points. Freight rates declined sharply across major trade lanes, including the U.S. West Coast (-49%), U.S. East Coast (-42%), and Europe (-49%).
- HMM recorded a 6.9% quarter-on-quarter increase in operating profit in Q3 2025, with an operating margin of 11.7%.
Outlook & Plans
• A large volume of new container vessel deliveries is expected to result in oversupply, while demand growth remains weak, likely to exacerbate supply-demand imbalances.
• In the container segment, HMM plans to expand its hub-and-spoke-based network and strengthen low-emission service offerings to increase market share and improve cost structures through optimized feeder operations, while within the bulk segment, the company aims to achieve stable growth by diversifying its portfolio and identifying new business opportunities.
Source: HMM