Aug 12, 2020 / NTS GMT
Presentation
Aug 12, 2020 / NTS GMT
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Corporate Participants
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* Tanaka Soichiro
ENEOS Holdings, Inc. - SVP
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Tanaka Soichiro - ENEOS Holdings, Inc. - SVP
This is Tanaka speaking. I would like to thank our shareholders and investors for their continued support and advice on the business activities of the ENEOS Group. I will explain the financial results for the first quarter of fiscal 2020 based on the PowerPoint slides.
Please refer to Slide 2. Operating income for the first quarter of fiscal 2020 was JPY 21 billion, down JPY 28.3 billion year-on-year. Excluding inventory valuation, operating income was JPY 83.2 billion, an increase of JPY 14.2 billion year-on-year. Operating income declined largely due to the COVID-19 pandemic and as noted at the bottom of the slide, the decline in crude oil prices, which led to a JPY 62.2 billion inventory valuation loss in the Energy business and a significant decline in profit in the Oil and Natural Gas Exploration and Production business due to lower
Q1 2021 Eneos Holdings Inc Earnings Presentation Transcript
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