Itochu cut the value of its Russian assets to nearly zero at the end of September, down from 9.9 billion yen ($66.95 million)as of the end of June, Hachimura added.
($1 = 147.8700 yen)
(Reporting by Yuka Obayashi; Editing by Jacqueline Wong)
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5-day change | 1st Jan Change | ||
6,898 JPY | -0.16% | +6.06% | +19.61% |
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TOKYO (Reuters) - Japanese trading house Itochu Corp is set to invest in the new Russian operator of the Sakhalin-1 project, the company's Chief Financial Officer Tsuyoshi Hachimura told a news conference on Friday.
Itochu cut the value of its Russian assets to nearly zero at the end of September, down from 9.9 billion yen ($66.95 million)as of the end of June, Hachimura added.
($1 = 147.8700 yen)
(Reporting by Yuka Obayashi; Editing by Jacqueline Wong)
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-27.24% | 5.61B |