Independent journal on economy and transport policy
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"K" Line archivia the trimester October-December 2012 with a profit of clearly 10,5 billion yen
The revenues have grown of 8.6%
January 31, 2013
In the third trimester of the fiscal year 2012 (period October-December the 2012) shipowning company Japanese Kawasaki Kisen Kaisha ("K" Linens) has recorded a profit of clearly 10,5 billion yen (115 million dollars) on revenues for 256,2 billion yen respect to a net loss of 23,6 billion yen on revenues for 235,9 billion yen in the correspondent period of the fiscal year precedence. The operating result has been negative for -1,5 billion yen respect to operating liabilities of -13,2 billion yen in the third trimester of fiscal year 2011.
In the first nine months of the fiscal year 2012 "K" Linens has totaled a profit of clearly 9,4 billion yen and an operating profit of 10,6 billion yen on revenues for 802,4 billion yen respect to a net loss of 42,2 billion yen and operating liabilities of 31,6 billion yen on revenues for 732,9 billion yen in the period April-December 2011.
The single segment of the containerized marine transport has generated revenues for 393,9 billion yen, with a progression of +9.7% regarding the first nine months of the fiscal year of 2011, and a profit of clearly 2,9 billion yen respect to a net loss of 28,6 billion yen in the correspondent period of the year precedence. In the period April-December last year the Linen fleet portacontainer of "K" has transported containerized volumes pairs to 1.572.000 teu (+14.4%), of which 933,000 teu on the routes between Asia and Nord America (+22.1%) and 639,000 teu on the routes between Asia and Europe (+4.8%). The segment of the marine bulk transport operated from the Japanese group has recorded revenues for 361,2 billion yen (+9.9%) and a profit of clearly 9,4 billion yen respect to a net loss of 4,1 billion yen in the first nine months of fiscal year 2011.
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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In the third trimester of the fiscal year 2012 (period October-December the 2012) shipowning company Japanese Kawasaki Kisen Kaisha ("K" Linens) has recorded a profit of clearly 10,5 billion yen (115 million dollars) on revenues for 256,2 billion yen respect to a net loss of 23,6 billion yen on revenues for 235,9 billion yen in the correspondent period of the fiscal year precedence. The operating result has been negative for -1,5 billion yen respect to operating liabilities of -13,2 billion yen in the third trimester of fiscal year 2011.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
