Ns United Kaiun Kaisha, Ltd. Reports Consolidated Earnings Results for the Six Months Ended of September 30, 2017; Provides Earnings Guidance for the Year Ending of March 31, 2018
October 30, 2017
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NS United Kaiun Kaisha, Ltd. reported consolidated earnings results for the six months ended of September 30, 2017. For the six months, the company reported revenues of JPY 67,720 million compared to JPY 59,769 million a year ago. Operating income was JPY 3,832 million compared to JPY 2,359 million a year ago. Ordinary income was JPY 3,118 million compared to ordinary loss of JPY 75 million a year ago. Profit attributable to owners of parent was JPY 3,661 million compared to loss attributable to owners of parent of JPY 65 million a year ago. Net income per share was JPY 155.35 against loss per share of JPY 2.75 a year ago.
The company provided earnings guidance for the year ending of March 31, 2018. For the period, the company expects revenues to be of JPY 138,000 million. Operating income expected to be of JPY 7,600 million. Ordinary Income expected to be of JPY 5,900 million. Profit attribute to owner's parent expected to be of JPY 6,500 million. Net income per share expected to be of JPY 275.80.
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. Reports Consolidated Earnings Results for the Six Months Ended of September 30, 2017; Provides Earnings Guidance for the Year Ending of March 31, 2018