JR Kyushu announced its consolidated financial statements as of March 2019. While its sales marked a record high of ¥440 billion, the gross profit fell by 2.3% from the previous year due increased depreciation cost. In March 2018, the company revised its train schedule including significant reductions of services, which succeeded in reducing the operating costs by approximately ¥400 million. However, hikes of electricity and oil costs created additional expenses totaling ¥900 million. The company will announce a detailed balance for each train line in order to discuss possible improvement in cooperation with related municipalities. Source: JR Kyushu, 5/13/2019
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