Chiyoda Corporation Q2 FY2017 Financial Results

Chiyoda Corporation reported Q2 FY2017 financial results for the period ending March 31, 2017, with revenues of ¥276.9 billion and operating income of ¥4.6 billion. The company's LNG projects in Russia, Australia, and the USA progressed well, offsetting a ¥10 appreciation of the Japanese yen against the US dollar. Full-year profit forecast remains unchanged despite expected losses from foreign affiliates in the second half.