NS United Kaiun Kaisha, Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the First Half and Full Year Ending March 31, 2018
July 30, 2017
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NS United Kaiun Kaisha, Ltd. announced consolidated earnings results for the first quarter ended June 30, 2017. For the period, the company reported revenues of JPY 34,335 million compared to JPY 29,781 million a year ago. Operating income was JPY 1,952 million compared to JPY 1,421 million a year ago. Ordinary income was JPY 1,563 million compared loss of JPY 333 million a year ago. Profit attributable to owners of the parent was JPY 1,977 million or JPY 8.39 compared to loss of JPY 114 million or JPY 0.49 a year ago.
For the six months of 2017, the company expects to report revenue of JPY 3,100 million, ordinary income of JPY 2,100 million, operating income of JPY 3,100 million and profit attributable to owners of the parent of JPY 2,800 million or JPY 11.88 per share.
For the full year Ending March 31, 2018, the company expects to report revenue of JPY 136,000 million, operating income of JPY 6,700 million, ordinary income of JPY 4,900 million and net income of JPY 5,700 million or JPY 24.19 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, 2017; Provides Earnings Guidance for the First Half and Full Year Ending March 31, 2018