IHI's final loss of 9.5 billion yen for half a year Aircraft engine orders are sluggish November 10, 19:54

The interim results for the six months to September of the major machinery manufacturer "IHI" resulted in a net loss of 9.5 billion yen due to a significant drop in orders for aircraft engines.

IHI's interim results for the entire group from April to September showed sales of 482.8 billion yen, a decrease of 18% from the same period of the previous year, and a final loss of 9.5 billion yen. ..



Due to the impact of the new coronavirus, global demand for aircraft was sluggish, and orders for engines for aircraft, one of our main businesses, fell by more than 40%.



On the other hand, the earnings forecast for the current fiscal year is that the final profit and loss will be 0 ton ton due to the strong performance of the plant business for thermal power plants in Japan and overseas.



In a telephone interview, President Hiroshi Ide said, "Demand for aircraft engines will not recover easily, but the sharp decline has bottomed out in the second quarter of July to September, and we expect a certain recovery." Said.