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Yomiuri Shimbun file photo Eneos Holdings Inc’s gas station
Jiji Press
9:00 JST, February 16, 2023
TOKYO (Jiji Press) — Oil firms Eneos Holdings Inc. and Cosmo Energy Holdings Co. logged lower profits for the nine months ended in December as prices for petrochemical products declined amid a slowing economy in China.
Eneos saw its group net profit plunge 71.1% from a year earlier to ¥96 billion, while Cosmo’s profit dropped 22.3% to ¥62.1 billion.
