The Chugoku Electric Power Co., Inc. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2018; Provides Consolidated and Non-Consolidated Earnings Forecast for the Year Ending March 31, 2019
October 31, 2018 at 04:10 am EDT
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The Chugoku Electric Power Co., Inc. announced consolidated earnings results for the six months ended September 30, 2018. For the period, operating Revenue was JPY 687,525 million against JPY 649,950 million a year ago. Operating income was JPY 16,832 million against JPY 22,465 million a year ago. Ordinary income was JPY 11,914 million against JPY 19,414 million a year ago. Net income attributable to owners of the parent was JPY 3,044 million against JPY 16,308 million a year ago. Earnings per share was JPY 8.84 against JPY 47.37 a year ago. EPS after adjusting residual securities was JPY 6.78 against JPY 41.04 a year ago.
The company provided consolidated and non-consolidated earnings guidance for the year ending March 31, 2019. For the year, on consolidated basis, the company expects, operating revenues of JPY 1,379,000 million, operating income of JPY 19,000, ordinary income of JPY 12,000 million, net income attributable to owners of the parent of JPY 8,000 million, earnings per share of JPY 23.24.
For the year, on non-consolidated basis, the company expects, operating revenues of JPY 1,282,000 million, operating income of JPY 14,000, ordinary income of JPY 8,000 million, net income attributable to owners of the parent of JPY 7,000 million, Earnings per share of JPY 20.32.
Chugoku Electric Power Co Inc is a Japan-based company mainly engaged in the electric power business, comprehensive energy supply business and information and communication business. The Company operates through three business segments. The Electric Power Business segment supplies electricity based on the Chugoku region as the basis for business development. The Comprehensive Energy Supply Business segment is engaged in the sale of liquefied natural gas (LNG) and provision of energy utilization services such as electricity and heat sales. The Information and Communications Business segment provides telecommunications services and information processing services that utilize information and communication technology (ICT). The Company also provides environmental harmony creation, business and life support, and electric power business support.
The Chugoku Electric Power Co., Inc. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2018; Provides Consolidated and Non-Consolidated Earnings Forecast for the Year Ending March 31, 2019
THE CHUGOKU ELECTRIC POWER CO., INC. 
