Itochu Enex Co.,Ltd. Provides Earnings Guidance for the Year Ending March 31, 2021
November 05, 2020 at 03:40 am EST
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Itochu Enex Co.,Ltd. provided earnings guidance for the year ending March 31, 2021. For the period, the company expects revenue to be JPY 710,000 million, profit from operating activities to be JPY 16,000 million, net profit attributable to company’s shareholders to be JPY 11,000 million and basic earnings per share attributable to company’s shareholders to 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.