Hokkaido Electric Power Co., Ltd. <9509> continues to soar. On the previous day, it announced its first-quarter financial results, with operating profit of 33.2 billion yen, a decrease of 30.2% compared to the same period last year, but approximately double the market consensus level. The progress rate for the full-year plan of 37 billion yen, which was left unchanged, and a 57.6% decrease from the previous year is also 90%. Although the lag effect of the fuel cost adjustment system is expected to have a negative impact on the plan, expectations for significant performance improvement are on the rise due to the high progress rate.
北海電力---大幅続伸、第1四半期は市場予想大幅上振れで好進捗に
Hokkaido Electric Power Co., Inc. - significant increase, with good progress in the first quarter greatly exceeding market financial estimates.
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