ENECHANGE Ltd. Records Significant Subsidy Income

Tip Ranks
2025.02.26 08:52
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ENECHANGE Ltd. (JP:4169) has reported a significant non-operating income of 540 million JPY from subsidies related to its EV charging business in FY24 Q5. The total subsidies received for FY24 amount to 3,842 million JPY, which is expected to positively impact the company's financial performance. The current market cap is 15.31 billion JPY, with a year-to-date price performance of 0.56% and an average trading volume of 547,239. The technical sentiment consensus rating is 'Hold.'

The latest announcement is out from Enechange Ltd. ( (JP:4169) ).

ENECHANGE Ltd. has announced the recording of non-operating income from subsidies related to its EV charging business, amounting to 540 million JPY, in the consolidated financial results for FY24 Q5. This announcement highlights the company’s receipt of significant subsidies totaling 3,842 million JPY for FY24, which will impact its business performance by being reflected in the upcoming financial results, indicating a positive financial boost.

More about Enechange Ltd.

YTD Price Performance: 0.56%

Average Trading Volume: 547,239

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen15.31B

See more insights into 4169 stock on TipRanks’ Stock Analysis page.

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