Kawasaki Kisen Kaisha, Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2024
August 02, 2023 at 02:00 am EDT
Share
Kawasaki Kisen Kaisha, Ltd. provides consolidated earnings guidance for the first half and full year of fiscal year ending March 31, 2024. For the first half, The company expects Operating revenues to be JPY 451,000 million, Operating income to be JPY 43,500 million, profit attributable to owners of parent to be JPY 55,000 million or JPY 222.43 per share.
For the full year, The company expects Operating revenues to be JPY 900,000 million, Operating income to be JPY 89,000 million, profit attributable to owners of parent to be JPY 120,000 million or JPY 485.29 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. 
