The Chugoku Electric Power Co. Inc. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Consolidated and Non- Consolidated Earnings Guidance for the Year Ending March 30, 2017
July 28, 2016 at 04:02 am EDT
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The Chugoku Electric Power Co. Inc. reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the group reported operating income of ¥11,056 million and net income attributable to owners of parent of ¥5,487 million or ¥15.15 per share on operating revenue of ¥282,277 million against operating income of ¥12,240 million and net income attributable to owners of parent of ¥6,869 million or ¥18.96 per share on operating revenue of ¥302,213 million for the same period of last year. Ordinary income was ¥9,020 million against ¥9,268 million for the same period of last year.
For the year ending March 31, 2017, on consolidated basis, the company expects operating revenue of ¥1.185,000 million.
For the year ending March 31, 2017, on non-consolidated basis, the company expects operating revenue of ¥1,105,000 million.
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. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Consolidated and Non- Consolidated Earnings Guidance for the Year Ending March 30, 2017
THE CHUGOKU ELECTRIC POWER CO., INC. 
