Thecompany reckons it can do better on the back of improving tanker markets andexchange rates for the Yen. It sees operating profits for the year hitting JPY1.6bn, up from a previous forecast of JPY 1.4bn on the back of a 4% rise inrevenues to JPY12.7bn.

Kyoeiupped its forecast after reporting better nine month figures including a 64%improvement in operating profits to JPY 1.3bn