<ARTICLE> 5
<LEGEND>
This schedule was restated for discontinued operations and contains summary
fnancial information extracted from Hawaiian Electric Industries, Inc. and
subsidiaries' consolidated balance sheet as of June 30, 1998 and consolidated
statement of income for the six months ended June 30, 1998 and is qualified in
its entirety by reference to such financial statements.
</LEGEND>
<RESTATED>
<CIK>        0000354707
<NAME>       HAWAIIAN ELECTRIC INDUSTRIES
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
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