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ENECHANGE Ltd. Records Significant Subsidy Income in EV Charging Sector

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ENECHANGE Ltd. Records Significant Subsidy Income in EV Charging Sector

Enechange Ltd. ( (JP:4169) ) just unveiled an announcement.

ENECHANGE Ltd. has announced the recording of a substantial non-operating income of 410 million JPY from subsidies related to its EV charging business in its FY24 Q5 financial results. This financial boost reflects the company’s ongoing efforts to expand its EV charging infrastructure, with implications for its market positioning and potential benefits for stakeholders in the energy sector.

More about Enechange Ltd.

ENECHANGE Ltd. operates in the energy industry, focusing on providing services related to electric vehicle (EV) charging infrastructure. The company is involved in projects that include the installation and capitalization of EV charging ports.

YTD Price Performance: -14.25%

Average Trading Volume: 461,169

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen13.05B

Find detailed analytics on 4169 stock on TipRanks’ Stock Analysis page.

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