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Okinawa Electric Power Company Reports First Revenue Decline in Five Quarters but Increased Profits in Its Fiscal Year Ending March 2014. Sales Down 6.9%, Impacted by Decreased Electricity Sales Volume.
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Okinawa Electric Power Co. (Urasoe City, President: Satoshi Yokota) announced on the 30th its financial results for the fiscal year ending March 2026 (consolidated, including 11 subsidiaries). Sales were down 6.9% year-on-year to 220.177 billion yen, while net profit for the period was up 44.2% to 6.234 billion yen, marking the first time in five years that the company has seen a decrease in revenue but an increase in profit.
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