The Chugoku Electric Power Co., Inc. Announces Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2019; Provides Consolidated and Non-Consolidated Revenue Guidance for the Year Ending March 31, 2020
April 26, 2019 at 02:46 am EDT
Share
The Chugoku Electric Power Co. Inc. announced consolidated and non-consolidated earnings results for the full year ended March 31, 2019. For the full year, on consolidated basis, the company reported operating revenue of JPY 1,376,979 million compared to JPY 1,314,967 million a year ago. Operating income was JPY 19,530 million compared to JPY 39,626 million a year ago. Net income attributable to owner of the parent was JPY 11,446 million or JPY 33.25 per share compared to JPY 20,707 million or JPY 60.15 per share a year ago.
For the full year, on non-consolidated basis, the company reported operating revenue of JPY 1,280,501 million compared to JPY 1,227,470 million a year ago. Operating income was JPY 11,284 million compared to JPY 32,475 million a year ago. Net income was JPY 8,510 million or JPY 24.70 per share compared to JPY 16,445 million or JPY 47.73 per share a year ago.
For the year ending March 31, 2019, on consolidated basis, the company expects operating revenue of JPY 1,371,000 million. Operating Income expected to be of JPY 42,000 million. Net income attributable to owners of the parent expected to be of JPY 25,000 million. Earnings per share expected to be of JPY 72.62.
For the year ending March 31, 2019, on non-consolidated basis, the company expects operating revenue of JPY 1,270,000 million. Operating Income expected to be of JPY 36,000 million. Net income expected to be of JPY 21,000 million. Earnings per share expected to be of JPY 60.96.
Chugoku Electric Power Co Inc is a Japan-based company mainly engaged in the electric power business, comprehensive energy supply business and information and communication business. The Company operates through three business segments. The Electric Power Business segment supplies electricity based on the Chugoku region as the basis for business development. The Comprehensive Energy Supply Business segment is engaged in the sale of liquefied natural gas (LNG) and provision of energy utilization services such as electricity and heat sales. The Information and Communications Business segment provides telecommunications services and information processing services that utilize information and communication technology (ICT). The Company also provides environmental harmony creation, business and life support, and electric power business support.
The Chugoku Electric Power Co., Inc. Announces Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2019; Provides Consolidated and Non-Consolidated Revenue Guidance for the Year Ending March 31, 2020
THE CHUGOKU ELECTRIC POWER CO., INC. 
