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K Line posts $223m in net income as boxship earnings boost results

NET INCOME for the fiscal year ending March 2015 ended with an improvement for K Line, the Japanese shipping conglomerate. K Line posted Yen26.8bn ($223.1m) in net income, up 61% over the year before. Revenues, at Yen1.35tr, were up 10% from the prior year.The stronger result was a…