Japanese tug operator Tokyo Kisen has reported lower figures for the half year ending 30 September.
The Yokohama-based owner said net earnings to 30 September were JPY 268m ($3.43m), against JPY 587m in the same period of 2010.
Revenues from its 22 vessels fell to JPY 6.23bn from JPY 6.56bn, and operating profit was pushed down to JPY 264m, compared to JPY 578m the year before.
Its