South Korea's Hyundai Merchant Marine (HMM) emerged to profit in the third quarter on higher revenues, Seatrade Asia online reports.
HMM recorded third quarter operating profit of KRW28.6bn ($26m) as against a net loss of KRW98.7bn in the same period of last year.
Revenue rose 12% year-on-year to KRW2.12trn.
The company had announced in October a share sale plan worth around KRW219bn.
2012 November 22 12:06