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Kawasaki Kisen Kaisha (K Line) has raised its consolidated earnings forecast for the fiscal year ending 31 March 2027, citing continued strength in the dry bulk market and improved expectations for its container shipping business through Ocean Network Express (ONE). The Japanese carrier now expects operating revenue of ¥1.07 trillion, up from its previous forecast of ¥1.02 trillion. Operating income has been revised to ¥85 billion, while ordinary income is forecast to reach ¥135 billion, compared with the previous estimate of ¥100 billion. Profit attributable to owners of the parent has been increased to ¥135 billion, up 42.1% from the earlier forecast of ¥95 billion. For the first half of the fiscal year, K Line also upgraded its outlook. The company now expects operating revenue of ¥574.5 billion, operating income of ¥42 billion, ordinary income of ¥80 billion, and net profit attributable to owners of the parent of ¥86 billion, representing significant improvements over the guidance issued in May. According to K Line, the revision reflects the stable performance of the dry bulk market and stronger-than-expected prospects for Ocean Network Express (ONE), its equity-method affiliate that operates the container shipping business. The company said both cargo demand and spot freight rates are now expected to exceed its initial assumptions, prompting the upward revision to both its first-half and full-year forecasts. K Line noted that the forecasts are based on information currently available and may change depending on future market conditions. The post K Line raises FY2026 earnings forecast on stronger dry bulk and container markets appeared first on Container News .
K Line raises FY2026 earnings forecast on stronger dry bulk and container markets
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