The latest announcement is out from Hokkaido Electric Power Company,Incorporated ( (JP:9509) ).
Hokkaido Electric Power Company has revised its earnings forecast for the fiscal year ending March 31, 2025. The company expects a decrease in operating revenue due to a projected decline in retail electricity sales, but anticipates a significant increase in ordinary income due to favorable changes in the fuel cost adjustment system and reduced expenses. This revision reflects recent trends and is based on current market conditions, including exchange rates and crude oil prices.
More about Hokkaido Electric Power Company,Incorporated
Hokkaido Electric Power Company, Incorporated operates in the energy sector, primarily focusing on the generation and distribution of electricity. The company is listed on the TSE Prime Market and the Sapporo Securities Exchange, indicating its significant presence in the Japanese energy market.
YTD Price Performance: -21.14%
Average Trading Volume: 66
Technical Sentiment Signal: Buy
Current Market Cap: €814.3M
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