NS United Kaiun Kaisha, Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Earnings Guidance for the First Half and Full Year of Fiscal 2020; Provides Dividend Guidance for the First Half of the Fiscal Year Ending March 31, 2020
July 30, 2019
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NS United Kaiun Kaisha, Ltd. announced consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported revenues of JPY 36,244 million against JPY 37,454 million a year ago. Operating income was JPY 1,520 million against JPY 1,900 million a year ago. Profit attributable to owners of parent was JPY 1,171 million or JPY 49.67 per share against JPY 1,204 million or JPY 51.10 per share a year ago.
The company planned to pay an interim dividend of JPY 45.00 per share.
The company provided earnings guidance for the first half and full year of the fiscal year ending March 31, 2020. For the first half of fiscal 2020, the company expects to report revenues of JPY 70,000 million, operating income of JPY 2,600 million and profit attributable to owners of the parent of JPY 3,600 million or JPY 152.76 per share.
For the full year of 2020, the company expects to report revenues of JPY 151,000 million, operating income of JPY 8,100 million and profit attributable to owners of the parent of JPY 7,800 million or JPY 330.97 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, 2019; Provides Earnings Guidance for the First Half and Full Year of Fiscal 2020; Provides Dividend Guidance for the First Half of the Fiscal Year Ending March 31, 2020