Hanjin Shipping Releases 2006 First-Half Earnings
Hanjin Shipping announced its earnings for the first half of 2006. The total sales marked KRW 2.92 trillion and operating income KRW 53.1 billion.
The US dollar revenue rose 6.2% driven up by the steady rise in the container volume.
The Korea Won revenue also increased 0.8% year-on-year, a noteworthy achievement considering an over 5% appreciation of the Korean Won against the US dollar and the US dollar being the dominant currency in the company’s revenue.