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ENECHANGE Ltd. Announces Partial Loan Repayment in EV Charging Sector

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ENECHANGE Ltd. Announces Partial Loan Repayment in EV Charging Sector

Enechange Ltd. ( (JP:4169) ) has shared an update.

ENECHANGE Ltd. announced its decision to repay a portion of its borrowings related to its EV charging business, amounting to 915 million JPY, facilitated by certain subsidies. This repayment reduces the company’s outstanding borrowing balance to 2,074 million JPY, potentially strengthening its financial position and operational focus in the EV charging market.

More about Enechange Ltd.

ENECHANGE Ltd. operates in the energy sector, focusing on electric vehicle (EV) charging infrastructure. The company provides solutions and services to support the development and operation of EV charging networks.

YTD Price Performance: 0.56%

Average Trading Volume: 557,979

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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