Astroscale Records 22 Million Yen Foreign Exchange Gain for Q1

MT Newswires Live
Sep 11

Astroscale (TYO:186A) recorded a foreign exchange gain of 22 million yen under financial income for the fiscal first quarter, according to a Tokyo bourse filing on Friday.

The gain came mainly from the revaluation of foreign currency cash and cash equivalents held by the company and foreign currency loans receivable from its subsidiaries.

The gain is attributable to fluctuations in foreign currency exchange rates during the three months ended July 31.

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