🍪 Cookie Preferences

We use cookies to ensure you get the best experience on our website. You can choose which categories of cookies to allow. Some cookies are essential for the website to function properly and cannot be disabled.
Cookies Policy | Privacy Policy

Essential Cookies

Required

These cookies are necessary for the website to function properly.

Essential cookies enable core functionality such as security, network management, and accessibility.

  • Session management
  • Security features
  • User authentication
  • Basic functionality

Analytics Cookies

These cookies help us understand how visitors interact with our website.

Analytics cookies collect information about how you use our website.

  • Google Analytics
  • Page view statistics
  • User behavior analysis
  • Performance monitoring

Advertising Cookies

These cookies are used to deliver personalized advertisements.

Advertising cookies track your online activity to help advertisers deliver more relevant ads.

  • Google AdSense
  • Personalized advertisements
  • Ad frequency control
  • Marketing campaign tracking

K Line Hurt by Falling Investment Securities

Post date: 01.10.2015 , Views: 225
Home > Maritime news > K Line Hurt by Falling Investment Securities...
K Line Hurt by Falling Investment Securities zoom Tokyo-headquartered shipping conglomerate Kawasaki Kisen Kaisha (”K” Line) expects to report a JPY 8.13 billion (USD 67.7 million) loss in the quarter ending September 30 due to revaluation of investment securities. K Line said that the market prices of the companys investment securities have fallen substantially and are not likely to recover. The company is currently preparing its consolidated financial results for the first half and full fiscal year ending March 31, 2016. The loss from revaluation of investment securities will be recognized as an extraordinary loss in the second quarter of the fiscal year.

 

0.08334493637085