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Hokuriku Electric Posts Strong Quarterly Gains

Hokuriku Electric Posts Strong Quarterly Gains

Hokuriku Electric Industry Co., Ltd. (JP:6989) has released an update.

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Hokuriku Electric Industry Co., Ltd. reported a solid quarterly performance, with a 2.6% increase in net sales and a significant 55.1% increase in operating profit compared to the same period last year. Their comprehensive income soared by 33%, while the basic earnings per share improved to 92.18 yen. The company maintains a strong capital adequacy ratio of 49.6%, reflecting a stable financial position.

For further insights into JP:6989 stock, check out TipRanks’ Stock Analysis page.

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