
TOKYO -- Japanese marine shipper Kawasaki Kisen will likely report a record pretax profit of roughly 230 billion yen ($2.02 billion) for the first half ended September, Nikkei has learned, a company record for any six-month period, thanks to the boom in container ship demand.
That would mark a 23-fold jump from a year earlier, surpassing the latest projection by 30 billion yen. In May, Kawasaki Kisen initially forecast a 44 billion yen pretax profit for the first half, then issued two upgrades in quick succession.