NS United Kaiun Kaisha, Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
January 30, 2017
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NS United Kaiun Kaisha, Ltd. reported consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported revenues of ¥91,614 million against ¥107,182 million a year ago. Operating income was ¥4,647 million against ¥5,834 million a year ago. Ordinary income was ¥3,478 million against ¥4,791 million a year ago. Profit attributable to owners of parent was ¥3,204 million or ¥13.60 per share against ¥4,055 million or ¥17.34 per share a year ago.
For the year ending March 31, 2017, the company expects revenues of ¥123,000 million, operating income of ¥5,700 million, ordinary income of ¥3,500 million, profit attributable to owners parent of ¥2,900 million and net income per share of ¥12.30.
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 Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017