Hawaiian Electric Industries Posts Higher 1Q Profit

Dow Jones05-09

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)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2634602364?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-09 06:14","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2634602364","market":"us","top_or_hot":-1,"title":"Hawaiian Electric Industries Posts Higher 1Q Profit","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Christopher Kuo \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\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</p>\n<p>\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</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>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hawaiian Electric Industries Posts Higher 1Q Profit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHawaiian Electric Industries Posts Higher 1Q Profit\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-09 06:14</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Christopher Kuo \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\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</p>\n<p>\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</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\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HE","symbol_name":"夏威夷电力","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":null,"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"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2634602364","isCrawlerRequest":true}