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JGC Holdings Reports Significant Foreign Exchange Losses

Story Highlights
  • JGC Holdings operates in engineering and construction, focusing on energy and infrastructure.
  • The company reported 3,355 million yen in foreign exchange losses due to yen appreciation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
JGC Holdings Reports Significant Foreign Exchange Losses

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JGC ( (JP:1963) ) has shared an update.

JGC Holdings Corporation reported non-operating expenses amounting to 3,355 million yen in the first quarter of fiscal year 2025 due to foreign exchange losses. This financial impact was caused by the appreciation of the yen, affecting the company’s foreign currency-denominated assets and liabilities, which could influence 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, providing comprehensive project management and engineering services. The company focuses on delivering solutions for energy, infrastructure, and industrial projects, positioning itself as a key player in the global market.

Average Trading Volume: 979,067

Technical Sentiment Signal: Hold

Current Market Cap: Yen344.3B

See more insights into 1963 stock on TipRanks’ Stock Analysis page.

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