Mar 25, 2022 / NTS GMT
Presentation
Mar 25, 2022 / 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
I am Tanaka of ENEOS Holdings. I'd like to express my gratitude to our shareholders and investors for their continued support and advice for the business activities of the ENEOS Group.
Today, I'll explain about the revisions to the forecast of consolidated results for the fiscal year ending March 31, 2022, which was announced on March 25th.
Now please refer to Page 1 of the supplementary material. We have made an upward revision of the full year forecast, mainly due to a significant increase of inventory valuation gain as a result of crude oil price increase.
As shown in the graph at the bottom right, as of the November announcement, our forecast was based on a price assumption for Dubai crude oil of $70 per barrel for the second half. However, the crude
Full Year 2022 ENEOS Holdings Inc Revision of Earnings Forecast Presentation Transcript
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