Shikoku Electric Power Co. Inc. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2016
January 30, 2017 at 01:30 pm
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Shikoku Electric Power Co. Inc. reported consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported operating revenue of JPY 497,017 million compared to JPY 475,956 million a year ago. Operating income was JPY 14,232 million compared to JPY 24,688 million a year ago. Ordinary income was JPY 10,822 million compared to JPY 23,260 million a year ago. Net income attributable to shareholders of parent was JPY 6,937 million or JPY 33.69 per share compared to JPY 14,676 million or JPY 71.26 per share a year ago. Profit before income taxes was JPY 10,469 million compared to JPY 21,210 million a year ago. Net assets per share as at December 31, 2016 was JPY 1,440.71 against JPY 1,388.35 a year ago.
For the year ending March 31, 2016, on consolidated basis, the company expected operating revenue of JPY 670,000 million, operating income of JPY 10,500 million and net income attributable to shareholders of parent company of JPY 4,500 or JPY 22.00 per share.
Shikoku Electric Power Company, Incorporated is principally engaged in electricity generation and supply business. The Company operates in four segments. The Electricity division distributes electricity. The Information Communication division is involved in the provision of fiber to the home (FTTH) service, cable television broadcasting service, corporate communication service, information system service and cloud service, among otherrs. The Construction and Engineering segment conducts research, design and construction of electrical, mechanical, civil engineering and construction related works. The Energy segment sells and leases power-using equipment, supplies heat, stores and vaporizes liquefied natural gas (LNG), manages overseas businesses, as well as procures coal products.
Shikoku Electric Power Co. Inc. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2016
SHIKOKU ELECTRIC POWER COMPANY, INCORPORATED 
