Rough seas – K Line shuffles pack
DESPITE the severe downturn in the shipping market, as of June Kawasaki Kishen Kaisha was still forecasting a modest profit for fiscal year 2009 which ends on March 31, 2010.
Masa Yamaguchi, general manager of investor and public relations at K Line, said the company is still looking to come out on top to the tune of Y11bn (US$115.4m). But to achieve that, K Line has had to act quickly...
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