HMM (011200) Q2 2026 earnings summary

Executive summary

• Operates as a global shipping and logistics company, offering container, bulk, and terminal services with a diversified fleet and global network.

• For the first half of 2026, consolidated revenue was KRW 6,120.7 billion, with container shipping accounting for 82.9% of sales.

• The company is executing a mid- to long-term investment strategy, including significant fleet expansion and sustainability initiatives.

Financial highlights

• Consolidated revenue for H1 2026: KRW 6,120.7 billion, down from KRW 10,891.4 billion in 2025 and KRW 11,700.2 billion in 2024.

• Operating income for H1 2026: KRW 623.2 billion, compared to KRW 1,461.2 billion in 2025 and KRW 3,512.8 billion in 2024.

• Net income attributable to owners: KRW 764.8 billion for H1 2026, down from KRW 1,878.4 billion in 2025 and KRW 3,782.1 billion in 2024.

• Basic EPS for H1 2026: KRW 811, compared to KRW 1,951 in 2025 and KRW 4,999 in 2024.

• Cash and cash equivalents at June 2026: KRW 1,083.3 billion.

Outlook and guidance

• The company is focused on strengthening profitability through cost rationalization, flexible fleet deployment, and expanding high-value cargo.

• Ongoing investments in eco-friendly vessels and digital capabilities to meet regulatory and market demands.

• Mid- to long-term strategy targets approximately KRW 29 trillion in investments from 2026 to 2030.