Europe
Kawasaki Heavy Industries Returns to Profitability in Fiscal Nine
• Kawasaki Heavy Industries’ 7012 profit attributable to parent owners rebounded to 44.2 billion yen in the fiscal nine months ended Dec. 31, 2024.
• Earnings per share increased to 263.64 yen from a loss of 80.48 yen a year ago.
• Sales revenue rose 15% to 1.407 trillion yen from 1.229 trillion yen a year earlier.
• Attributable profit and net sales forecasted to rise significantly to 78 billion yen and 2.160 trillion yen for the fiscal year ending March 31.
• No dividend forecast for the current year.
• Foreign exchange gain of 13.6 billion yen in Q3 offset by foreign exchange loss of 15.8 billion yen in first six months.