trending Market Intelligence /marketintelligence/en/news-insights/trending/XIO540CGfhRrRVNHrRASxg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Kansai Electric Power fiscal Q1 loss narrows YOY

Southeast Asian broadband providers report varying performance amid COVID-19

Cable networks react to pandemic by cutting SG&A, programming costs

CUSIP Requests for Municipal Securities Continue to Rise

Infographic: 2020 Global Mining Exploration Trends


Kansai Electric Power fiscal Q1 loss narrows YOY

Kansai Electric Power Co. said its normalized net income for the fiscal first quarter ended June 30 amounted to a loss of ¥22.55 per share, compared with a loss of ¥29.58 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥20.15 billion, compared with a loss of ¥26.43 billion in the prior-year period.

The normalized profit margin climbed to negative 2.5% from negative 3.7% in the year-earlier period.

Total revenue increased 10.3% year over year to ¥791.28 billion from ¥717.54 billion, and total operating expenses increased 11.5% on an annual basis to ¥831.09 billion from ¥745.38 billion.

Reported net income came to a loss of ¥29.04 billion, or a loss of ¥32.50 per share, compared with a loss of ¥33.47 billion, or a loss of ¥37.46 per share, in the year-earlier period.

As of Aug. 13, US$1 was equivalent to ¥102.37.