Local News

JR Kyushu Reports 10% Profit Gain

JR Kyushu reported a 10% rise in operating profit from April to September, reaching ¥29.5 billion, largely due to strong rail and hotel revenue, driven in part by rebounding inbound tourism. While a concealment issue with the Queen Beetle high-speed ferry led to its suspension until year-end, JR Kyushu CEO Yōji Furumiya stated that the impact on overall financial results would be minor. Although net profit declined due to reduced stock sales, the company remains optimistic about future growth, projecting a 9.8% increase in net profit for the full fiscal year. Source: JR Kyushu

JR Kyushu Reports 10% Profit Gain, Despite Ferry Suspension

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Category
Business
Kyushu
Published: Nov 7, 2024 / Last Updated: Nov 7, 2024

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