Independent journal on economy and transport policy
12:36 GMT+1
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In improvement the economic results of the Japanese shipowning societies MOL, NYK and "K" Line
the three companies have closed the first trimester of fiscal year 2013 with clean results of positive sign
July 31, 2013
In the first trimester of the fiscal year 2013 (period March-june 2013) the three main Japanese shipowning companies Mitsui O.S.K. Lines (MOL), Nippon Yusen Kaisha (NYK) and Kawasaki Kisen Kaisha ("K" Linens) have recorded an improvement of the economic performances.
After eight archived item consecutive trimesters in loss MOL it has closed the trimester April-june of the 2013 with a profit of clearly 14,5 billion yen respect to a net loss of -5,0 billion yen in the correspondent period of 2012. The revenues of the company have grown of 8.7% attesting itself to 411,9 billion yen and the operating result has been of positive sign for 11,5 billion yen respect to operating liabilities of -503 million yen in the first trimester of fiscal year 2012. The volume of transactions in the single field of the containerized marine transport has recorded an sensitive increment of 17.6% and has reached a value of 175,0 billion yen and the activity field has produced to a loss of -1,1 billion yen respect to a loss of -2,4 billion yen in the first trimester of fiscal year 2012. More contained (+2.6%) the increase of the revenues generated from the fleet of ships for bulk of the group that is piled to 194,1 billion yen and such activity have generated a profit of 14,2 billion yen respect to a loss of -2,3 billion yen in the first trimester of the slid fiscal year.
In the first trimester of the fiscal year 2013 group NYK has totaled a profit of clearly 8,6 billion yen respect to a net loss of -1,3 billion yen in the same period of the exercise precedence. The revenues are gone up of +10.7% to 528,5 billion yen, while the operating profit is dropped of 1.8% to the 6,7 billion one yen. In the period April-june of this year the fleet of portacontainer of the NYK has generated revenues for 148,5 billion yen (+7.8%) and a loss of -600 million yen respect to a loss of -800 million yen in the same period of 2012. The fleet of ships for bulk has totaled a profit of 13,2 billion yen (+158.8%) on revenues for 230,4 billion yen (+10.5%).
"K" Linens last year has archived item the first trimester of the fiscal year 2013 with a profit of clearly 7,0 billion yen respect to a net loss of -674 million yen in the correspondent period. The revenues are increased of 8.1% to 295,7 billion yen and the operating profit has grown of 80.1% to 7,3 billion yen. If in the first trimester of the exercise the 2013 profits deriving from the activity of the Linen fleet portacontainer of "K" have been annulled against profits for 600 million yen in the same period of exercise 2012, the revenues of the field instead are increased of 6.5% to 141,9 billion yen. In increase the economic performances produced from the fleet of ships for bulk of the group, with attested revenues to 136,1 billion yen (+8.9%) and profits to 12,2 billion yen (+103.3%).
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