Kyushu Electric Power (OTCMKTS:KYSEY – Get Free Report) released its earnings results on Friday. The company reported $0.79 earnings per share for the quarter, Zacks reports. The firm had revenue of $3.34 billion for the quarter.
Kyushu Electric Power Stock Down 6.0%
OTCMKTS:KYSEY opened at $11.19 on Friday. Kyushu Electric Power has a 52 week low of $9.10 and a 52 week high of $14.06. The firm’s fifty day moving average is $10.91 and its 200-day moving average is $11.40.
Kyushu Electric Power Company Profile
Kyushu Electric Power Company, Incorporated in June 1951, is one of Japan’s ten regional electric utilities. Headquartered in Fukuoka, the company’s core business centers on the generation, transmission and distribution of electricity across the Kyushu region, which includes Fukuoka, Nagasaki, Kumamoto, Oita, Saga, Miyazaki and Kagoshima prefectures.
On the generation side, Kyushu Electric Power maintains a diversified portfolio that includes thermal power stations fueled by coal, oil and natural gas, multiple hydroelectric facilities, and the Sendai Nuclear Power Plant in Kagoshima Prefecture—Japan’s first nuclear plant to restart under post-Fukushima safety standards.
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