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According to the public broadcaster NHK, JR Tokai, which announced the balance of the loss of profit for half the fiscal year, announced the losses in the first half of the fiscal year from 2000 and JR Higashi-Nihon from 1992.
JR Tokai, which operates the most-used high-speed train line connecting the metropolises of Tokyo and Osaka, announced that its sales fell by 64% in the first half of the fiscal year.
With a net loss of $ 1.1 billion, the company announced its loss in one half year for the first time since 2000, when half year financials began to be recorded.
The company, which lost 76% of passengers, expects the net loss to increase further in the second half of the current fiscal year, which will end in March in the conditions of the epidemic period.
JR Higashi-Nihon (East Japan Railways), on the other hand, announced a net loss of $ 2.5 billion, for the first time since 1992, when the company’s fiscal half-year data was recorded.
Noting that their sales were down 48% from the same period last year, JR Higashi-Nihon expects a loss of $ 4 billion in fiscal 2020, ending in March.
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