Kawasaki Kisen Kaisha, Ltd. Provides Consolidated Earnings Guidance for the Second Quarter Ending September 30, 2024 and Full Year of Fiscal Year Ending March 31, 2025
May 07, 2024 at 02:00 am
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Kawasaki Kisen Kaisha, Ltd. provides consolidated earnings guidance for the second quarter ending September 30, 2024 and full year of fiscal year ending March 31, 2025. For the second quarter, The company expects Operating revenues to be JPY 494,000 million, Operating income to be JPY 51,000 million, profit attributable to owners of parent to be JPY 77,000 million or JPY 108.92 per share.
For the full year, The company expects Operating revenues to be JPY 980,000 million, Operating income to be JPY 93,000 million, profit attributable to owners of parent to be JPY 120,000 million or JPY 169.74 per share.
Kawasaki Kisen Kaisha, Ltd. is one of the Japanese largest maritime transportation providers. Net sales break down by activity as follows:
- logistics services (50.2%): warehousing, freight handling, port services, etc.;
- maritime transportation of freight (48.4%): transportation of dry bulk, oil products, liquefied natural gas, vehicles, containers, etc. At the end of March 2022, the group had a fleet of 434 vessels;
- other (1.4%).
Net sales are distributed geographically as follows: Japan (87.4%), Asia (6.3%), Europe (4.1%), the United States (2%) and other (0.2%).
Kawasaki Kisen Kaisha, Ltd. Provides Consolidated Earnings Guidance for the Second Quarter Ending September 30, 2024 and Full Year of Fiscal Year Ending March 31, 2025