Enechange Ltd. (JP:4169) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
ENECHANGE Ltd. has successfully secured an increased commitment line of 5.7 billion JPY to advance its EV charging business, aiming to install additional charging ports by early 2025. While sales from large-scale external installations have decreased, the company sees steady growth in recurring revenue from increased charging utilization. Additionally, ENECHANGE plans to expand its data services to more major corporate customers, particularly in the energy sector.
For further insights into JP:4169 stock, check out TipRanks’ Stock Analysis page.