Q1 2021 Kawasaki Kisen Kaisha Ltd Earnings Presentation Transcript

Aug 05, 2020 / NTS GMT
Presentation
Aug 05, 2020 / NTS GMT

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Corporate Participants
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* Yukikazu Myochin
Kawasaki Kisen Kaisha, Ltd. - CEO, President & Representative Director

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Yukikazu Myochin - Kawasaki Kisen Kaisha, Ltd. - CEO, President & Representative Director

A, financial highlights for first quarter fiscal year 2020.

A-1, financial results for first quarter fiscal year 2020. Due to the impact of the novel coronavirus disease, hereinafter COVID-19, consolidated operating revenues in the first quarter declined about 20% compared with the same period of the previous year to JPY 152.2 billion. Operating loss totaled JPY 6.6 billion, ordinary loss was JPY 1.0 billion and net loss attributable to owners of parent was JPY 1.0 billion. The average exchange rate was JPY 107.74 per U.S. dollar, and the average bunker price was USD 377 per metric ton.

In terms of financial indicators, as of June 30, 2020, our equity capital was JPY 100.2 billion, about on par with the end of the previous fiscal

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