TOKYO (Reuters) -JERA, Japan’s biggest utility, on Friday posted a 12% increase in net profit for the three-month period ended in September to 156.2 billion yen ($1 billion), backed by improving overseas and renewable-energy power business.
JERA, a joint venture between Tokyo Electric Power Company and Chubu Electric Power Company, kept its full-year profit forecast unchanged at 230 billion yen, it added.
($1 = 150.7800 yen)
(Reporting by Katya Golubkova; Editing by Muralikumar Anantharaman)
