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Chiyoda announces FY 2008 3Q results

Chiyoda Corporation, Japan's leading engineering and construction firm, reported consolidated financial results for the first nine months of the current fiscal year ending March 31, 2008. New contracts on a consolidated basis were 211,757 million yen, a 56.4% decrease compared with the same period of the previous year, and the backlog of contracts decreased 29.0% to 802,149 million yen. Revenues increased 37.3% to 459,002 million yen, operating income was down 20.4% to 16,743 million yen, and recurring profit decreased 1.9% to 25,977 million yen. Net income decreased 4.8% to 15,998 million yen, 83.22 yen per share.



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