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| Chiyoda announces results for 3Q Chiyoda Corp, Japan's leading engineering and construction firm, reported its consolidated financial results for the third quarter of the current fiscal year ending March 31, 2009 (the nine months ended December 31, 2008) and revisions to its full-year forecasts. New contracts on a consolidated basis were 139,828 million yen, a 34.0% decrease compared with the same period of the previous fiscal year, and the backlog of contracts decreased 43.9% to 449,841 million yen. Revenues decreased 25.0% to 344,106 million yen. Operating income decreased 81.8% to 3,040 million yen, ordinary income decreased 75.1% to 6,463 million yen and net income decreased 78.6% to 3,425 million yen. Net income per share was 13.58 yen. During the third quarter of the current fiscal year, Chiyoda made concentrated efforts to properly execute ongoing projects. These included completing and handing over Russia's first liquefied natural gas (LNG) plant and the first train of the ultra-large-scale LNG plants (7.8 million tonnes per annum each) in Qatar. write your comments about the article :: © 2009 Construction News :: home page |