Kawasaki Kisen Kaisha (JP:9107) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Kawasaki Kisen Kaisha, Ltd. has updated its consolidated financial forecasts for the fiscal year ending March 2025, citing stable product logistics demand and favorable market trends. Significant improvements include a 104.3% increase in ordinary income and a 110.4% rise in profit attributable to owners for the second quarter, alongside upward revisions for the full fiscal year. The positive adjustments reflect better-than-expected market conditions and strong cargo demand for affiliate company OCEAN NETWORK EXPRESS PTE. LTD.
For further insights into JP:9107 stock, check out TipRanks’ Stock Analysis page.