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Shikoku Electric Power Company ( (JP:9507) ) has provided an update.
Shikoku Electric Power Company reported its consolidated financial results for the third quarter of fiscal 2024, revealing a 6.9% increase in operating revenues compared to the previous year. However, the company experienced declines in operating profit, ordinary profit, and profit attributable to owners of the parent, with decreases of 16.8%, 14.0%, and 12.0% respectively. Despite these declines, the company’s total assets and net assets showed slight improvements, with a notable increase in shareholder’s equity ratio from 22.1% to 24.5%. The company also announced a forecast for increased annual dividends for fiscal 2024, indicating a positive outlook in shareholder returns.
More about Shikoku Electric Power Company
Shikoku Electric Power Company, Incorporated is a company listed on the Prime Market of the Tokyo Stock Exchange under the securities code 9507. The company is involved in the electric power industry, providing electricity and related services primarily in the Shikoku region of Japan.
Current Market Cap: $1.45B
See more data about 9507 stock on TipRanks’ Stock Analysis page.