Hitachi Metals, Ltd. announced consolidated earnings results for the nine months ended December 31, 2019. For the nine months, the company reported revenue of JPY 670,963 million against JPY 775,531 million a year ago. Operating loss was JPY 34,708 million against income of JPY 34,610 million a year ago. Net loss was JPY 40,795 million against net income of JPY 26,918 million a year ago. Basic loss per share was JPY 91.06 against earnings per share of JPY 63.16 a year ago.

For the full year ending March 31, 2020, the company expects revenue of JPY 895,000 million, loss before income taxes of JPY 43,500 million, net loss attributable to shareholders of the parent company of JPY 47,000 million and loss per share of JPY 109.92.