FILE PHOTO: Kansai Electric Power Co's Ohi nuclear power plant (from R-L) No.1, No. 2. No. 3 and No. 4 reactors are seen in Ohi, Fukui prefecture, January 26, 2012. REUTERS/Issei Kato/File Photo

Japan's Kansai Electric posts 38% on-year decline in first-half net profit

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TOKYO : Japanese utility Kansai Electric on Wednesday posted 228.8 billion yen ($1.5 billion) in net profit for the six months ended in September, down 38 per cent from the same period a year earlier, hit by fuel price fluctuation. 

The company kept its forecast for net profit for the fiscal year ending in March 2025 unchanged at 260 billion yen. 

($1 = 153.1900 yen)

Source: Reuters

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