NS United Kaiun Kaisha, Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Earnings Guidance for the First Half and Full Year of 2016
July 30, 2015
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NS United Kaiun Kaisha, Ltd. announced consolidated earnings results for the first quarter ended June 30, 2015. For the period, the company reported revenues of JPY 36,025 million compared with JPY 39,266 million for the same period a year ago. Operating income was JPY 1,920 million compared with JPY 2,804 million for the same period a year ago. Ordinary income was JPY 1,913 million compared with JPY 2,274 million for the same period a year ago. Net income was JPY 1,641 million or JPY 7.11 per share compared with JPY 2,372 million or JPY 10.28 per share for the same period a year ago.
The company provided earnings guidance for the first half and full year of 2016. For the first half, the company expects to report revenue of JPY 71,000 million, operating income of JPY 3,300 million, ordinary income of JPY 3,000 million and net income of JPY 2,800 million or JPY 12.06 per share.
For the full year, the company expects to report revenue of JPY 158,000 million, operating income of JPY 8,200 million, ordinary income of JPY 6,100 million and net income of JPY 5,100 million or JPY 21.82 per share.
NS UNITED KAIUN KAISHA, LTD. is a Japan-based company mainly engaged in the marine business. The Company operates through two business segments. The International Marine Transportation segment is engaged in the transportation of iron ore, coal, steel products and nonferrous ore by bulk carriers, the transportation of crude oil and liquefied petroleum gas (LPG) by tanker, as well as the leasing of ships. The Domestic Marine Transportation segment is engaged in transportation of iron product, limestone, and cement by bulk carriers in domestic waters, the transportation of LPG and liquefied natural gas (LNG) by tankers, as well as the lending of vessels. The other business provides land transportation and information service.
NS United Kaiun Kaisha, Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Earnings Guidance for the First Half and Full Year of 2016