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News / Derivatives losses punch massive hole in HMM bottom line as revenue doubles

(Photo) HMM Algeciras 1
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HMM posted a net profit of $310m for the first six months of the year, but its bottom-line result would have been substantially better without a $1.7bn loss from derivatives transactions.

The South Korean carrier’s revenues almost doubled, compared with H1 20, to $4.56bn, (of which ...

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