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HAWAIIAN ELECTRIC CO INC (HAWEL)

For the quarter ending 2025-06-30, HAWEL made $746,392K in revenue. $26,085K in net income. Net profit margin of 3.49%.

Overview

Revenue
$746,392K
Net Income
$26,085K
Net Profit Margin
3.49%
EPS
$0.15
Unit: Thousand (K) dollars
Revenue Breakdown
    • Electric Utility Segment-Operati...
    • Corporate Non Segment

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2024-09-30
2024-06-30
Revenues746,392 938,383 897,360
Total expenses692,645 1,064,931 2,616,335
Operating income (loss)53,747 -126,548 -1,718,975
Retirement defined benefits creditother than service costs-919 -1,106 -1,281
Interest income7,579 3,662 3,134
Interest expense, net27,256 - -
Allowance for borrowed funds used during construction1,462 1,331 1,344
Loss on sale of a subsidiary and impairment loss on assets held for sale-178 - -
Allowance for equity funds used during construction3,702 3,300 3,336
Interest expense, netother than on deposit liabilities and other bank borrowings- 32,085 32,400
Income (loss) before income taxes39,975 -149,234 -1,742,280
Income tax expense (benefit)13,417 -45,303 -447,269
Income (loss) from continuing operations26,558 - -
Preferred stock dividends of subsidiaries473 - -
Income (loss) from continuing operations for common stock26,085 - -
Loss from discontinued operations- - -
Net income (loss) for common stock26,085 -103,931 -1,295,011
Preferred stock dividends of subsidiaries- 228 229
Net income (loss)- -103,931 -1,295,011
Basic (in shares)172,496,000 114,358,000 110,303,000
Basic earnings (loss) per common share (in dollars per share)0.15 -0.91 -11.74
Diluted (in shares)172,655,000 114,358,000 110,303,000
Diluted earnings (loss) per common share (in dollars per share)0.15 -0.91 -11.74
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Electric UtilitySegment-Operating Segments$742,482K Corporate Non Segment$3,910K Revenues$746,392K (-16.82%↓ Y/Y)Allowance for borrowedfunds used during...$1,462K (8.78%↑ Y/Y)Interest income$7,579K (141.83%↑ Y/Y)Retirement definedbenefits creditother...-$919K (28.26%↑ Y/Y)Operating income (loss)$53,747K (103.13%↑ Y/Y)Allowance for equity fundsused during...$3,702K (10.97%↑ Y/Y)Total expenses$692,645K (-73.53%↓ Y/Y)Income (loss) beforeincome taxes$39,975K (102.29%↑ Y/Y)Loss on sale of asubsidiary and impairment...-$178K Interest expense, net$27,256K Income (loss) fromcontinuing operations$26,558K Income tax expense(benefit)$13,417K (103.00%↑ Y/Y)Income (loss) fromcontinuing operations for...$26,085K Preferred stock dividendsof subsidiaries$473K Net income (loss)for common stock$26,085K