JGC Holdings Posts Strong Forex Gains

JGC (JP:1963) has released an update.

JGC Holdings Corporation reported a significant non-operating income gain of ¥3.96 billion in the first quarter of fiscal year 2024 due to foreign exchange gains. These gains were attributed to the revaluation of foreign currency assets and liabilities and are subject to future foreign exchange market fluctuations. For more detailed financial impacts, the company refers to its ‘Summary-Consolidated First Quarter Financial Statements’.

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