JGC Corp (1963.T)
Latest Key Developments (Source: Significant Developments)
Nikkei : JGC Corp received roughly 10 bln yen ($97.2 mln) order from state-run Bahrain National Gas - Nikkei .JGC to build storage tanks as well as pipelines connecting them to plant; order to be completed by september 2018 -Nikkei. Full Article
Nikkei: JGC Corp has won an order estimated at around 20 billion yen ($198 million) for a power plant project from a utility in the Philippines - Nikkei .The 105,000kw coal-fired facility in Sarangani Province is slated to begin operations in April 2019 - Nikkei. Full Article
JGC CORP:Says it raised the year-end dividend forecast to 49.5 yen per share from 40 yen per share for the fiscal year ending March 2016. Full Article
JGC CORP:Says it expects an extraordinary profit of 10,195 mln yen for Q2 of fiscal year ending March 2016.Says the profit was recorded as gain on sale of bond. Full Article
JGC CORP:Says the company lowered the consolidated full-year outlook for revenue to 795,000 million yen from 810,000 million yen for FY ended March 2015.Sees a decrease of operating profit forecast to 29,000 million yen from 54,000 million yen.Sees a decrease of ordinary profit forecast to 43,500 million yen from 64,000 million yen.Sees a decrease of net profit forecast to 21,000 million yen from 42,000 million yen.Sees a decrease of earnings per share to 83.20 yen from 166.39 yen.FY 2015 revenues of 808.90 billion yen, net income of 43.69 billion yen – Thomson Reuters I/B/E/S.Comments the decreased sales and increased cost are the main reasons for the forecast.Lowered year-end dividend forecast to 21 yen per share from 41.5 yen per share for FY ended March 2015. Full Article
CARACAS/HOUSTON, Nov 16 Two consortia including Japanese engineering firm JGC Corp and French oil services company Technip have been shortlisted to undertake a roughly $680 million overhaul of Aruba's refinery, according to three sources close to the deal.