Cruise operations of Nippon Yusen Kabushiki Kaisha (NYK), the Tokyo based giant shipping group, have continued to perform strongly also in the third quarter of its financial year on solid demand for cruises of both of its brands.
Revenues from cruise operations increased to JPY34.4 billion in nine months to 31 December from JPY25.7 billion in the same period a year earlier, while operating profit amounted to JPY1.2 billion compared to a loss of JPY2.6 billion. Net profit reached JPY1.0 billion, a marked improvement from a loss of JPY2.8 billion in the same period in 2012.
"In the North American market, Crystal Cruises posted a significant year-on-year increase in revenues due to overall robust sales. In the Japanese market, Asuka Cruises sales increased year on year due to generally firm sales, particularly for peak-season summer cruises," NYK said in a statement.
"As a result, the cruises segment posted a profit on sharply higher revenues compared with the same period of the previous fiscal year," the company stated.
