The latest update is out from Enechange Ltd. ( (JP:4169) ).
ENECHANGE Ltd. reported its FY24 Q4 financial results, highlighting 80 million JPY of non-operating income primarily from subsidies. However, the company also recorded 140 million JPY in non-operating expenses, driven by interest payments on bridge loans for its EV charging business and fees related to recent financing activities. This financial update underscores the company’s ongoing efforts to manage its financial strategy amidst expanding its EV charging infrastructure, which may impact its profitability and operational focus.
More about Enechange Ltd.
ENECHANGE Ltd. operates in the energy sector, focusing on services related to electric vehicle (EV) charging infrastructure and energy solutions. The company is engaged in managing financing and subsidies to support its business activities.
YTD Price Performance: -3.63%
Average Trading Volume: 573,815
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen12.1B
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