Full Year 2019 JGC Corp Earnings Presentation Transcript

May 14, 2019 / 06:30AM GMT

Release Date Price: $25.32 (+7.42%)

Transcript

Shinichi Taguchi

JGC Corporation - General Manager of Finance & Accounting Department

This is Taguchi, Finance and Accounting Division. Allow me to explain the outline of financial results for fiscal year 2018. First, this shows the highlights of FY '18. The outstanding contracts have recovered to over JPY 1 trillion following the record-high new contracts. Finally, we are getting to send somewhat bright signals due to the improved market conditions in FY '18. Net sales did not grow mainly due to the decline outstanding contracts we had up until the last fiscal year resulting in a decline in revenue year-on-year. On the other hand, looking at the profit side, major

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