AGC Inc. Announces Earnings Results for the Third Quarter and Nine Months of 2020
October 29, 2020 at 02:30 am EDT
AGC Inc. announced earnings results for the third quarter and nine months of 2020. Net sales for the first nine months were JPY 1,012.8 billion, down JPY 111 billion year-on-year. Operating profit was JPY 40.6 billion, down JPY 33 billion year-on-year. Impact of COVID-19 pushed down net sales by JPY 144 billion and operating profit by JPY 53.5 billion.
For the three months in the third quarter, COVID-19 pushed down net sales by JPY 45 billion and operating profit by JPY 17 billion.