Japanese refiner Cosmo Oil's losses narrow

摘要

Tokyo-Japanese refiner Cosmo Oil February 1 posted a consolidated net loss of Yen 70.22 billion ($777.6 million) for the October-December quarter, compared with a net loss of Yen 112.57 billion in the same quarter of 2008. It also reported a net loss of Yen 18.47 billion for the April-December period, narrowing substantially its loss of Yen 82.06 billion during the same period of 2008.