The ferry owner booked net income of JPY 23m ($225,000) in2013 compared to JPY 366m a year earlier.
However the result was marginally better than the company’srevised forecast of JPY 1m.
Revenue for the period came in at JPY 12.2bn, more orless as the company had expected and 4.3% higher than the JPY 11.7bn booked in2012.
Sado is expecting this year’s net earnings to improve almostten-fold to JPY 215m.
