Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N
5021.T - Cosmo Energy Holdings Co Ltd
Full Year 2020 Cosmo Energy Holdings Co Ltd Earnings Presentation
May 22, 2020 / NTS GMT
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Presentation
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Unidentified Company Representative, [1]
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Good morning. Thank you for taking the time out of your busy schedules to attend our financial results briefing for fiscal year 2019.
My presentation today will cover FY 2020 macroeconomic outlook and our response, FY 2020 full year forecast, progress of the sixth medium-term management plan and the dividend policy.
Please open Page 2. I will explain macroeconomic trends and outlook for crude oil supply, demand and pricing. Please take a look at the chart at the bottom. The blue line shows global crude oil demand, and the orange line shows global crude oil supply. The gap between the supply and demand which appeared during the fourth quarter this year has been