Independent journal on economy and transport policy
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In increase the economic results of the Japanese NYK, MOL and "K" Linens in the quarter October-December 2014
Profit clearly respective in increase of +7.3%, +59.6% and +1,117, 8%
January 30, 2015
In the third trimester of fiscal year 2014, than it has been concluded 31st December, the shipowning group Japanese Nippon Yusen Kaisha (NYK) has recorded a profit of clearly 8,4 billion yen (72 million dollars) on revenues for 603,8 billion yen, with increments respective of +7.3% and +6.8% regarding the correspondent period of the fiscal year precedence. The operating profit is piled to 13,0 billion yen (- 17.5%). In the single field of marine transport containerized NYK it has totaled a profit before taxes of 1,1 billion yen (- 8.3%) on revenues for 171,4 billion yen (+11.3%), while in the segment of the bulk transport the profit before taxes has been attested 18,1 billion to yen (- 10.4%) on revenues for 249,2 billion yen (- 0.6%).
In the first nine months of the fiscal year 2014 NYK have recorded a profit of clearly 28,5 billion yen on revenues for 1,782, 8 billion yen, in increase respective of +0.3% and +7.8% on the period April-December 2013. The operating profit is increased of +14.4% to 40,9 billion yen.
The shipowning society Japanese Mitsui O.S.K. Lines (MOL) has concluded the third trimester of fiscal year 2014 with a profit of clearly 13,4 billion yen on revenues for 454,7 billion yen, with increments respective of +59.6% and +5.7% on the same period of the exercise precedence. The operating profit is diminished of -57,9% coming down to the 3,3 billion one yen. In the single field of the transport of line MOL it has recorded a loss before taxes of -10,1 billion yen on revenues for 201,9 billion yen respect to a loss before taxes of -7,3 billion yen on revenues for 176,4 billion yen in the third trimester of fiscal year 2013. In the field of the bulk transport the group has totaled a profit before taxes of 15,1 billion yen (+9.4%) on revenues for 210,6 billion yen (+0.8%).
In the period 2014 April-Decembers MOL has recorded revenues for 1,344, 9 billion yen (- 5.5% on the same period of the exercise precedence), an operating profit of 7,6 billion yen (- 74.6%) and a profit of clearly 24,9 billion yen (- 15.7%).
The third main Japanese shipowning society, Kawasaki Kisen Kaisha ("K" Linens), has archived item the third trimester of the fiscal year 2014 with a profit of clearly 11,8 billion yen on revenues for 355,3 billion yen respect to a profit of clearly 971 million yen on revenues for 311,5 billion yen in the correspondent period of the fiscal year precedence. The operating profit has grown of +253.9% to 15,4 billion yen. In the single segment of marine transport containerized "K" Linens have totaled a profit before taxes of 8,7 billion yen on revenues for 174,3 billion yen respect to liabilities before taxes of -2,6 billion yen on revenues for 142,1 billion yen in the third trimester of exercise 2013, while in the field of the bulk transport the profit before taxes is piled to 15,2 billion yen (+23.1%) and the revenues to 159,4 billion yen (+5.6%).
In the first nine months of the fiscal year 2014 "K" Linens has recorded a profit of clearly 33,0 billion yen on revenues for 1,015, 1 billion yen, in increase respective of +110.1% and +10.6% on the correspondent period of the exercise precedence. The operating profit has been pairs to 40,3 billion yen (+67.2%).
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