Hawaiian Electric Industries Posts Higher 1Q Profit

Dow Jones

05/09

By Christopher Kuo

Hawaiian Electric Industries lifted its top and bottom lines in the first quarter, and tapped Chief Executive Scott Seu to lead its subsidiary, Hawaiian Electric.

Seu, who has been president and chief executive officer of the holding company HEI since 2022, will become CEO of both companies, effective June 1. Shelee Kimura, who has been Hawaiian Electric president and CEO since 2022, will be president of both companies under a new, unified leadership structure.

HEI and its subsidiaries on Friday posted a profit of $30.5 million, or 18 cents a share, compared with a profit of $26.7 million, 15 cents a share, a year earlier.

Revenue rose to $744 million, from $738.4 million in the year-ago quarter.

The company is expecting higher maintenance and operational costs for the full year, Seu said.

Write to Christopher Kuo at chris.kuo@wsj.com

(END) Dow Jones Newswires

May 08, 2026 18:14 ET (22:14 GMT)

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Shelee Kimura, who has been Hawaiian Electric president and CEO since 2022, will be president of both companies under a new, unified leadership structure. \n</p>\n<p>\n  HEI and its subsidiaries on Friday posted a profit of $30.5 million, or 18 cents a share, compared with a profit of $26.7 million, 15 cents a share, a year earlier. \n</p>\n<p>\n  Revenue rose to $744 million, from $738.4 million in the year-ago quarter. \n</p>\n<p>\n  The company is expecting higher maintenance and operational costs for the full year, Seu said. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Christopher Kuo at chris.kuo@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 08, 2026 18:14 ET (22:14 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HE","symbol_name":"夏威夷電力","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2634602364","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2634602364","pubTimestamp":1778278440,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Hawaiian Electric Industries lifted its top and bottom lines in the first quarter, and tapped Chief Executive Scott Seu to lead its subsidiary, Hawaiian Electric.Seu, who has been president and chief executive officer of the holding company HEI since 2022, will become CEO of both companies, effective June 1. Shelee Kimura, who has been Hawaiian Electric president and CEO since 2022, will be president of both companies under a new, unified leadership structure.HEI and its subsidiaries on Friday posted a profit of $30.5 million, or 18 cents a share, compared with a profit of $26.7 million, 15 cents a share, a year earlier.Revenue rose to $744 million, from $738.4 million in the year-ago quarter.The company is expecting higher maintenance and operational costs for the full year, Seu said.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HE":"夏威夷电力","BK4081":"电力公用事业"},"translate_title":"夏威夷电力工业第一季度利润较高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HE":1.5},"content_text":"By Christopher Kuo \n\n\n \n\n\n  Hawaiian Electric Industries lifted its top and bottom lines in the first quarter, and tapped Chief Executive Scott Seu to lead its subsidiary, Hawaiian Electric. \n\n\n  Seu, who has been president and chief executive officer of the holding company HEI since 2022, will become CEO of both companies, effective June 1. Shelee Kimura, who has been Hawaiian Electric president and CEO since 2022, will be president of both companies under a new, unified leadership structure. \n\n\n  HEI and its subsidiaries on Friday posted a profit of $30.5 million, or 18 cents a share, compared with a profit of $26.7 million, 15 cents a share, a year earlier. \n\n\n  Revenue rose to $744 million, from $738.4 million in the year-ago quarter. \n\n\n  The company is expecting higher maintenance and operational costs for the full year, Seu said. \n\n\n \n\n\n  Write to Christopher Kuo at chris.kuo@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 08, 2026 18:14 ET (22:14 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}