Itochu Enex Co.,Ltd. Announces Earnings Forecasts for the Fiscal Year Ending March 31, 2021
August 07, 2020 at 03:40 am EDT
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Itochu Enex Co.,Ltd. announced consolidated earnings forecasts for the fiscal year ending March 31, 2021. For the period, the company forecasted Revenue of JPY 710,000 million. Profit from operating activities will be JPY 16,000 million. Profit before tax will be JPY 16,700 million. Net profit attributable to Itochu Enex's shareholders will be JPY 11,000 million. Basic earnings per share attributable to Itochu Enex's shareholders will be JPY 97.45.
Itochu Enex Co Ltd is a Japan-based company mainly engaged in home-life business, car-life business, industrial business, and power and utility business. The Company operates through four segments. The Home Life Business segment is engaged in the sale and provision of services of liquefied petroleum (LP) gas, kerosene, electric power, life-related equipment and smart energy equipment. The Car Life Business segment is engaged in the sale and provision of services of gasoline, kerosene, light oil, electric power, and automobiles. The Industrial Business segment is engaged in the sale and provision of services of gasoline, kerosene, light oil, heavy oil, LP gas, and gas-to-liquid (GTL) fuel, the import and export of petroleum products, and the lease of terminal tanks. The Power & Utility Business segment is engaged in electric power generation, steam, district heating service, comprehensive energy service, electric heat supply service, asset management, and rental car business.
ITOCHU ENEX CO.,LTD. 
