SM Line eyes quadrupled earnings this year, sailing smoothly for IPO in H2

SM Line Corp., the container carrier unit under South Korea’s mid-sized conglomerate Samra Midas (SM) Group, has already achieved more than 70 percent of last year’s earnings in the first two months thanks to the vibrant global commerce market recovery, boding well for its IPO plans. SM Line disclosed Thursday that it posted 86.4 billion …

The post SM Line eyes quadrupled earnings this year, sailing smoothly for IPO in H2 first appeared on Hellenic Shipping News Worldwide.

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