HEI: 4Q Earnings Snapshot
HONOLULU (AP) _ Hawaiian Electric Industries Inc. (HE) on Friday reported fourth-quarter net income of $50 million.
On a per-share basis, the Honolulu-based company said it had profit of 45 cents.
The the parent of Hawaii’s largest electricity generator posted revenue of $761.7 million in the period.
For the year, the company reported profit of $203.7 million, or $1.85 per share. Revenue was reported as $2.86 billion.
HEI shares have increased almost 3 percent since the beginning of the year. The stock has increased 16 percent in the last 12 months.