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Kawasaki Kisen Kaisha Upgrades Financial Outlook
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Kawasaki Kisen Kaisha Upgrades Financial Outlook

Kawasaki Kisen Kaisha (JP:9107) has released an update.

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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.

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