Cosmo Energy Holdings Co Ltd
(OTCPK:CSGYY)
$
6.22
(0%)
Market Cap: 1.98 Bil
Enterprise Value: 5.48 Bil
PE Ratio: 8.29
PB Ratio: 0.98
GF Score: 63/100 
Q1 2020 Cosmo Energy Holdings Co Ltd Earnings Presentation Transcript
Aug 13, 2019 / 12:30AM GMT
Takayuki Uematsu
Cosmo Energy Holdings Co., Ltd. - Senior Executive Officer of Corporate Communication, Accounting & Finance Dept. and Director
This is Uematsu. Thank you very much for being here today. I would like to take you through the financial results based on the materials.
Please open Page 1, fiscal year 2019 first quarter review. For the first quarter, we had a smooth operations of refineries with no regular maintenance, resulting in higher utilization of 94.6% and a significant improvement in the supply/demand balance. On the other hand, crude oil price sharply fell in June, causing negative time lag on the margins of the 4 oil products, namely gasoline, kerosene, diesel fuel and heavy fuel oil [EA]. The actual margin, however, was in line with the
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