HMM Posts 417.4 Billion Won Operating Profit in Q2 2026, Highest in Five Quarters

According to a Yonhapinfomax consensus survey of five major Korean securities firms, HMM recorded operating profit of 417.4 billion won in the second quarter of 2026, up 78.99% year-over-year, marking its highest quarterly result in five quarters. Revenue reached 3.28 trillion won, up 25.24% compared to the same period last year.

The improved results were driven by rising freight rates and strong performance in the bulk shipping segment. Analysts cited the recovery of quarterly revenue to the 3 trillion won level and noted that spot rate increases are expected to be reflected in third-quarter earnings with even greater margin expansion.