KYOEI TANKER, Ordinary Profit Forecast for First Half Revised Upward by 4.5 times, Full Year also Increased

KYOEI TANKER CO., LTD. <9130> [TSE Std] announced its financial results after the market closed on August 1st (16:00). The consolidated ordinary profit for the first quarter of the fiscal year ending March 2026 (April to June) expanded 0.42 billion yen, an increase 75.0% compared to the same period last year.

In addition, the April to September period (first half) consolidated ordinary profit has been revised upward 4.5 times, from the previous forecast of 0.10 billion yen to 0.45 billion yen (compared to 0.72 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 86.2% to 37.8%.

Following the strong performance in the first half, the full-year forecast for consolidated ordinary profit has been revised upward 2.4 times, from the previous forecast of 0.25 billion yen to 0.60 billion yen (compared to 1.03 billion yen in the previous period), and the declining rate is expected to decrease from 75.7% to 41.7%. However, the full-year forecast for consolidated net income has decreased 89.5%, from the previous forecast of 1.90 billion yen to 0.20 billion yen (compared to 5.11 billion yen in the previous period), leading to an increase in the profit decline rate from 62.8% to 96.1%.

In the most recent three-month period, from April to June (1Q), the operating profit margin drastically improved from 5.1% in the same period last year to 13.9%.

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