NS United Kaiun Kaisha, Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2016
January 28, 2016
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NS United Kaiun Kaisha, Ltd. reported consolidated earnings results for the nine months ended December 31, 2015. For the nine months, the company reported revenues of JPY 107,182 million compared to JPY 120,710 million for the same period in 2014. Operating income was JPY 5,834 million compared to JPY 8,310 million for the same period in 2014. Ordinary income was JPY 4,791 million compared to JPY 9,721 million for the same period in 2014. Net income was JPY 4,055 million or JPY 17.34 per share compared to JPY 8,036 million or JPY 34.84 per share for the same period in 2014. Income before income taxes was JPY 38,258 million compared to JPY 33,404 million for the same period in 2014.
The company provided consolidated earnings guidance for the year ending March 31, 2016. For the year, the company expects revenues to be JPY 138,000 million, operating income to be JPY 6,100 million, ordinary income to be JPY 4,300 million, net income to be JPY 4,200 million or JPY 17.93 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. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2016