Ns United Kaiun Kaisha, Ltd. Reports Consolidated Financial Results for the First Quarter Ended June 30, 2014; Provides Earnings Guidance for the First Half of Fiscal 2015 and for the Full Year Ending Mar. 2015
July 30, 2014
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NS United Kaiun Kaisha, Ltd. reported consolidated financial results for the first quarter ended June 30, 2014. For the quarter, the company reported operating income of ¥2,804 million and net income of ¥2,372 million or ¥10.28 per share on revenues of ¥39,266 million against operating income of ¥1,722 million and net income of ¥2,197 million or ¥9.53 per share on revenues of ¥38,063 million for the same period of last year.
For the six months ending Sep. 2015, the company expects operating income of ¥3,500 million and net income of ¥2,800 million or ¥12.14 per share on revenues of ¥81,000 million.
For the year ending Mar. 2015, the company expects operating income of ¥9,500 million and net income of ¥5,700 million or ¥24.71 per share on revenues of ¥164,000 million.
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 Financial Results for the First Quarter Ended June 30, 2014; Provides Earnings Guidance for the First Half of Fiscal 2015 and for the Full Year Ending Mar. 2015