MOL sets profit and capacity goals to 2012
Japaneze shipping company MOL has set its group goals in terms of capacity, revenue and profit to financial year 2012.
MOL reported in February that the group's consolidated net profit fell 2.7 per cent to JPY87.5 billion (US$721.56 million) during the nine-month period from April 1 2006.
Revenue in 2005-06 amounted to JPY1.1 trillion, up 14.3 per cent. Operating income declined 12.5 per cent to JPY120.3 billion and ordinary income shed 8.6 per cent, amounting to JPY128.6 billion.
In the MOL's March six-year forecast, the line estimated revenue would reach JPY1.5 trillion in FY2006 for this year ending March 31, 2007 and net profit would stand at JPY118 billion.
In 2009, MOL sees revenue rising to JPY2.06 trillion and net profit to JPY143 billion. In FY2012, the company forecasts JPY2.5 trillion in revenue and JPY160 billion in profit.
MOL sees its fleet expansion from 2009 - 2012 rising from 196 ships, valued at JPY1.1 billion to 432 vessels valued at JPY2.5 billion.
MOL reported in February that the group's consolidated net profit fell 2.7 per cent to JPY87.5 billion (US$721.56 million) during the nine-month period from April 1 2006.
Revenue in 2005-06 amounted to JPY1.1 trillion, up 14.3 per cent. Operating income declined 12.5 per cent to JPY120.3 billion and ordinary income shed 8.6 per cent, amounting to JPY128.6 billion.
In the MOL's March six-year forecast, the line estimated revenue would reach JPY1.5 trillion in FY2006 for this year ending March 31, 2007 and net profit would stand at JPY118 billion.
In 2009, MOL sees revenue rising to JPY2.06 trillion and net profit to JPY143 billion. In FY2012, the company forecasts JPY2.5 trillion in revenue and JPY160 billion in profit.
MOL sees its fleet expansion from 2009 - 2012 rising from 196 ships, valued at JPY1.1 billion to 432 vessels valued at JPY2.5 billion.
