Shikoku Electric Power Co. Inc. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the First Half and Full Year Ending March 31, 2017
July 28, 2016 at 07:00 pm IST
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Shikoku Electric Power Co. Inc. reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported operating revenues of JPY 151,115 million compared to JPY 153,539 million a year ago. Operating loss was JPY 8,408 million compared to operating income of JPY 4,808 million a year ago. Ordinary loss was JPY 9,295 million compared to ordinary income of JPY 4,392 million a year ago. Net loss attributable to shareholders of parent company was JPY 8,403 million or JPY 40.80 per share compared to net income of JPY 2,371 million or JPY 11.52 per share a year ago. Quarterly loss before income taxes and non-controlling interests was JPY 9,646 million compared to income before tax of JPY 4,211 million a year ago.
For the first half of fiscal ending March 31, 2017, the company expects operating revenues of JPY 320,000 million.
For the fiscal ending March 31, 2016, the company expects operating revenues of JPY 650,000 million.
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 First Quarter Ended June 30, 2016; Provides Earnings Guidance for the First Half and Full Year Ending March 31, 2017
SHIKOKU ELECTRIC POWER COMPANY, INCORPORATED 
