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Hokuriku Electric Power Company ( (JP:9505) ) has provided an update.
Hokuriku Electric Power Company reported its consolidated financial results for the fiscal year ended March 31, 2025, showing a 6.2% increase in operating revenues to ¥858,275 million. Despite this revenue growth, the company experienced declines in operating profit and ordinary profit by 12.1% and 15.4% respectively, while profit attributable to owners of the parent increased by 14.7% to ¥65,148 million. The company also announced an increase in annual dividends per share from ¥7.50 to ¥20.00, reflecting a higher payout ratio and an improved equity-to-asset ratio. Looking ahead, the company forecasts a decrease in operating revenues and profits for the fiscal year ending March 31, 2026.
More about Hokuriku Electric Power Company
Hokuriku Electric Power Company is a Japanese company listed on the Tokyo Stock Exchange, primarily operating in the electric power industry. The company focuses on providing electricity and related services within the Hokuriku region of Japan.
YTD Price Performance: -7.43%
Technical Sentiment Signal: Buy
Current Market Cap: €1B
See more insights into 9505 stock on TipRanks’ Stock Analysis page.