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JGC Holdings Reports Foreign Exchange Losses in Fiscal Year 2024

Story Highlights
  • JGC Holdings operates in engineering and construction, focusing on energy and infrastructure.
  • The company reported a 2,213 million yen foreign exchange loss due to yen appreciation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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JGC ( (JP:1963) ) just unveiled an update.

JGC Holdings Corporation reported a non-operating expense of 2,213 million yen due to foreign exchange losses in the fiscal year ending March 2025. This loss was attributed to the appreciation of the yen, which impacted the company’s foreign currency-denominated assets and liabilities, potentially affecting its financial results.

The most recent analyst rating on (JP:1963) stock is a Hold with a Yen1200.00 price target. To see the full list of analyst forecasts on JGC stock, see the JP:1963 Stock Forecast page.

More about JGC

JGC Holdings Corporation operates in the engineering and construction industry, focusing on providing engineering services and project management primarily for energy and infrastructure sectors. The company is listed on the Tokyo Stock Exchange.

Average Trading Volume: 1,408,836

Technical Sentiment Signal: Sell

Current Market Cap: Yen297.8B

For an in-depth examination of 1963 stock, go to TipRanks’ Stock Analysis page.

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