The Japanese utility company generated 424.69 billion yen in revenue for the six-month period, up from 403.18 billion yen a year earlier. However, the rise in top-line figures failed to translate into earnings growth as operating margins tightened. Operating profit dropped significantly to 41.77 billion yen, down from 66.55 billion yen in 2025.
In section Market Quotes
Hokuriku Electric Power Profits Slip as Costs Outpace Revenue
Hokuriku Electric Power reported a sharp decline in profitability for the first half of the fiscal year ending September 30, with net profit falling to 31.34 billion yen from 48.14 billion yen during the same period last year, despite a moderate increase in overall revenue.
Pretax profit followed a similar downward trajectory, settling at 42.51 billion yen compared to 65.68 billion yen in the previous year. Consequently, earnings per share for the period stood at 150.01 yen, a notable decrease from the 230.47 yen recorded in the first half of 2025. These results reflect performance under Japanese accounting standards.
Comments (0)
No comments yet. Be the first!