Japanese engineering giant JGC and smaller compatriot Chiyoda both posted lower revenues in the quarter ended 30 June.

Due to a big foreign exchange gain, JGC's net profit rose to 5.5 billion yen ($500.2 million) compared with last year’s 3.3 billion yen.

As at 30 June 2017, JGC’s order book stood at nearly 1.2 trillion yen.

Chiyoda posted a 95% drop in net profit to 200 million yen on the back of a 12% fall in revenues.