The Okinawa Electric Power Company, Inc. Reports Earnings Results for the First Quarter Ended June 30, 2015; Provides Earnings Guidance for the First Half and Full Year Fiscal 2015
September 09, 2015 at 03:59 am
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The Okinawa Electric Power Company Inc. reported earnings results for the first quarter ended June 30, 2015. For the period, the company reported net loss attributable to owners was JPY 1.46 billion, compared to a net loss attributable to owners of the parent of JPY 769 million for the same quarter ended June 30, 2014. Sales were JPY 41.89 billion, compared to JPY 41.81 billion for the same quarter ended June 30, 2014. Operating loss was JPY 1.41 billion, compared to an operating loss of JPY 484 million for the same quarter ended June 30, 2014. Ordinary loss was JPY 1.81 billion, compared to an ordinary loss of JPY 828 million for the same quarter ended June 30, 2014.
For the first half of the fiscal year 2015, the company expects sales to be JPY 97.7 billion and net income attributable to owners of the parent to be JPY 4.4 billion.
For the fiscal year 2015, the company expects sales to be JPY 185.5 billion and net income attributable to owners of the parent to be JPY 3.9 billion.
The Okinawa Electric Power Company, Incorporated is a Japan-based company mainly engaged in electricity business. The Company mainly engaged in power supply, general power transmission and distribution, and retail electricity business in Okinawa. It is also engaged in the construction of civil engineering, construction, electricity, pipe and telecommunications business, the construction and maintenance of electric power equipment, environmental and geological surveys, the sale and construction of air conditioning equipment, sanitary equipment and electric water heaters, the leasing of vehicle and article, non-life insurance agency, the design, construction, operation and sale of computer systems, the sale and leasing of computers and peripheral equipment, the management, sale and leasing of land and buildings, aquaculture, wind power generation, the sale of natural gas, the installation of private power generation systems.
The Okinawa Electric Power Company, Inc. Reports Earnings Results for the First Quarter Ended June 30, 2015; Provides Earnings Guidance for the First Half and Full Year Fiscal 2015