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ENECHANGE Ltd. Records Significant Subsidy Income

Story Highlights
  • ENECHANGE Ltd. will record 540 million JPY in non-operating income from EV charging subsidies.
  • The subsidies will positively impact FY24 Q5 financial results with a total of 3,842 million JPY received.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ENECHANGE Ltd. Records Significant Subsidy Income

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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