Q2 2022 Kawasaki Kisen Kaisha Ltd Earnings Presentation Transcript

Nov 04, 2021 / NTS GMT

Release Date Price: 円575.56 (-8.64%)

Transcript

Yukikazu Myochin

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

Financial highlights, brief report for second quarter fiscal year 2021. A, financial highlights for second quarter fiscal year 2021. A-1, financial results for second quarter fiscal year 2021. Consolidated operating revenues reached JPY 357.6 billion, marking an increase of JPY 57.5 billion compared to the same period of the previous fiscal year. For that same period last year, there was an operating loss of JPY 10.2 billion.

A year ago marked the time when the pandemic impact was at its height. Profitability in the Dry Bulk segment, which includes transportation of coal and iron ore, and Car Carrier Business fell sharply due to a substantial drop in demand. After that, cargo movements for both Dry Bulk and Car Carriers entered a recovery

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