Japan’s Kawasaki Heavy may pull out of shipbuilding

Kawasaki Heavy

Japan’s Kawasaki Heavy Industries Ltd said it would consider a drastic revision of its shipbuilding business due to its worsening profitability and indicated that it may pull out of the business.

The company on Friday revised its profit outlook lower for the business year ending next March, citing a stronger yen against the dollar and a decline in operating profitability from the shipbuilding business.

The company said it would consider what to do with the shipbuilding business including whether to continue the business and aimed to reach a final decision by the end of March.

Global shipbuilding companies have been suffering from a slide in new vessel orders amid a volatile global economy.

[reuters]

LEAVE A COMMENT

Comments (20)

… [Trackback]

[…] There you will find 91971 more Infos: shippingherald.com/japans-kawasaki-heavy-may-pull-out-of-shipbuilding/ […]

… [Trackback]

[…] Read More: shippingherald.com/japans-kawasaki-heavy-may-pull-out-of-shipbuilding/ […]

… [Trackback]

[…] Read More here: shippingherald.com/japans-kawasaki-heavy-may-pull-out-of-shipbuilding/ […]

… [Trackback]

[…] Read More: shippingherald.com/japans-kawasaki-heavy-may-pull-out-of-shipbuilding/ […]

CEO

… [Trackback]

[…] There you will find 31345 more Infos: shippingherald.com/japans-kawasaki-heavy-may-pull-out-of-shipbuilding/ […]

… [Trackback]

[…] Informations on that Topic: shippingherald.com/japans-kawasaki-heavy-may-pull-out-of-shipbuilding/ […]

… [Trackback]

[…] Informations on that Topic: shippingherald.com/japans-kawasaki-heavy-may-pull-out-of-shipbuilding/ […]

… [Trackback]

[…] Find More Informations here: shippingherald.com/japans-kawasaki-heavy-may-pull-out-of-shipbuilding/ […]

… [Trackback]

[…] Read More Infos here: shippingherald.com/japans-kawasaki-heavy-may-pull-out-of-shipbuilding/ […]

… [Trackback]

[…] Informations on that Topic: shippingherald.com/japans-kawasaki-heavy-may-pull-out-of-shipbuilding/ […]

… [Trackback]

[…] Informations on that Topic: shippingherald.com/japans-kawasaki-heavy-may-pull-out-of-shipbuilding/ […]

… [Trackback]

[…] Read More here: shippingherald.com/japans-kawasaki-heavy-may-pull-out-of-shipbuilding/ […]

… [Trackback]

[…] Informations on that Topic: shippingherald.com/japans-kawasaki-heavy-may-pull-out-of-shipbuilding/ […]

… [Trackback]

[…] Informations on that Topic: shippingherald.com/japans-kawasaki-heavy-may-pull-out-of-shipbuilding/ […]

mca

… [Trackback]

[…] Informations on that Topic: shippingherald.com/japans-kawasaki-heavy-may-pull-out-of-shipbuilding/ […]

… [Trackback]

[…] Read More here: shippingherald.com/japans-kawasaki-heavy-may-pull-out-of-shipbuilding/ […]

… [Trackback]

[…] Read More: shippingherald.com/japans-kawasaki-heavy-may-pull-out-of-shipbuilding/ […]

… [Trackback]

[…] Read More here: shippingherald.com/japans-kawasaki-heavy-may-pull-out-of-shipbuilding/ […]

… [Trackback]

[…] Informations on that Topic: shippingherald.com/japans-kawasaki-heavy-may-pull-out-of-shipbuilding/ […]

… [Trackback]

[…] Find More on|Find More|Find More Infos here|There you can find 14328 additional Infos|Informations to that Topic: shippingherald.com/japans-kawasaki-heavy-may-pull-out-of-shipbuilding/ […]

×

Comments are closed.