NS United Kaiun Kaisha, Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Earnings Guidance for the Fiscal Year Ending March 2016
October 29, 2015
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NS United Kaiun Kaisha, Ltd. announced consolidated earnings results for the six months ended September 30, 2015. For the period, the company reported revenues of JPY 72,366 million compared to JPY 79,755 million a year ago. Operating income was JPY 3,837 million compared to JPY 5,610 million a year ago. Ordinary income was JPY 3,099 million compared to JPY 5,970 million a year ago. Net income was JPY 2,593 million or JPY 11.13 per share compared to JPY 5,318 million or JPY 23.05 per share a year ago.
For the fiscal year ending March 31, 2016, on consolidated basis, the company expects revenues of JPY 148,000 million, operating income of JPY 8,200 million, ordinary income of JPY 6,100 million and net income of JPY 5,100 million or JPY 21.77 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 Six Months Ended September 30, 2015; Provides Earnings Guidance for the Fiscal Year Ending March 2016