Q3 2019 Idemitsu Kosan Co Ltd Earnings Presentation Transcript

Feb 14, 2019 / 09:00AM GMT
Presentation
Feb 14, 2019 / 09:00AM GMT

=====================
Corporate Participants
=====================
* Toshiaki Sagishima
Idemitsu Kosan Co.,Ltd. - Director

=====================
Toshiaki Sagishima - Idemitsu Kosan Co.,Ltd. - Director

My name is Sagishima of Idemitsu Kosan. Thank you for your attendance today. I would like to provide an overview of our financial results for the third quarter of fiscal year 2018.

I would like to begin with a summary of our financial results for the third quarter of fiscal year 2018. This slide shows trends in crude oil prices. The red line shows the trend in fiscal year 2018, while the blue line shows the trend in fiscal year 2017.

The average Dubai crude oil price in the third quarter was $71.3 per barrel, representing a year-on-year increase of $18.1 per barrel. On the other hand, prices peaked out in October when the average monthly price was $79.4 per barrel and subsequently fell sharply in November and December.

The crude oil price decreased by $22.1 per barrel during these 2 months

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot