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News / HMM warns of more cost cutting, despite Q1 profit boost

HMM Dublin
Photo: © Marius Steinke | Dreamstime.com
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Announcing its Q1 results today, HMM warned that, despite rising profits, fears of a change in market conditions would see it cut costs and focus on high-yielding business.

Q1 revenue climbed 12% year on year, to KRW2,330bn ($1.7bn), while net profit shot up 63%, to KRW485bn, ...

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