Q3 2020 Kawasaki Kisen Kaisha Ltd Earnings Presentation Transcript
We would like to start the briefing on the consolidated results for the first 9 month of the fiscal year ending March 31, 2020. There are 3 key points to emphasize for our 9-month results. First, each of "K" LINE's 3 core business segments, namely: Dry Bulk; Product Logistics, Car Carriers, Logistics, Short Sea/Coastal; and Energy Resource Transport performed very well during the period.
Second, ONE posted profit for the period. And third, regarding the IMO SOx Regulations, we made a very smooth transition to the new regulation-compliant fuel oil. Additionally, the increased costs associated with the fuel switchover was generally within our expected range. Those are the 3 key points, and now we'd like to provide a summary of the results.
First, as of the end of the third quarter, there is no change to our full year forecast for ordinary income and net income attributable to owners of parent.
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