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Shikoku Electric Power Reports Strong Fiscal 2024 Financial Results

Story Highlights
  • Shikoku Electric Power’s fiscal 2024 revenues rose by 8.1% to ¥851,399 million.
  • The company increased its annual dividend to ¥40.00 per share, reflecting financial confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shikoku Electric Power Reports Strong Fiscal 2024 Financial Results

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Shikoku Electric Power Company ( (JP:9507) ) has provided an announcement.

Shikoku Electric Power Company reported its consolidated financial results for fiscal year 2024, showing an increase in operating revenues by 8.1% to ¥851,399 million and a rise in operating profit by 13.4% to ¥89,073 million. The company’s profit attributable to owners of the parent also increased by 12.9% to ¥68,324 million. These results indicate a strong financial performance, reflecting positive growth in the company’s operations. The company also announced an increase in annual dividends, with a total of ¥40.00 per share for fiscal 2024, up from ¥30.00 in the previous year, signaling confidence in its financial stability and commitment to returning value to shareholders.

More about Shikoku Electric Power Company

Shikoku Electric Power Company, Incorporated operates in the energy sector, primarily focusing on the generation and distribution of electricity. The company is listed on the Prime Market of the Tokyo Stock Exchange and is a significant player in Japan’s energy market.

Current Market Cap: $1.45B

Learn more about 9507 stock on TipRanks’ Stock Analysis page.

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