Feb 10, 2021 / NTS GMT
Presentation
Feb 10, 2021 / NTS GMT
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Corporate Participants
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* Tanaka Soichiro
ENEOS Holdings, Inc. - SVP & Managing Executive Officer
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Tanaka Soichiro - ENEOS Holdings, Inc. - SVP & Managing Executive Officer
Hello, This is Tanaka. Let me express my sincere gratitude to our shareholders and investors for their support and advice on the business activities of ENEOS Group. Let me start my presentation on the Q3 financial results and the full year outlook.
Slide 3 shows our operating income, excluding inventory valuation, for the third quarter of fiscal year 2020, that is JPY 160.9 billion, down JPY 111.3 billion year-on-year. As shown here, the deterioration was mainly due to COVID-19, which caused lower sales of petroleum products, lower profit of oil and natural gas E&P due to sluggish crude oil prices and a lower production output at the Caserones Copper Mine in Chile due to non-power restraints.
Other negative factors included an impairment loss at the Caserones
Q3 2021 Eneos Holdings Inc Earnings Presentation Transcript
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