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.
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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
