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ENECHANGE Ltd. Records Subsidy Income for EV Charging Business

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ENECHANGE Ltd. Records Subsidy Income for EV Charging Business

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The latest update is out from Enechange Ltd. ( (JP:4169) ).

ENECHANGE Ltd. has announced the recording of non-operating income in the form of subsidy income amounting to 41 million JPY for its EV charging business in the FY24 Q5 financial results. This subsidy income, part of a total of 4,718 million JPY received in FY24, will impact the company’s financial performance, with further details on impairment loss to be disclosed after the fiscal year ending March 2025.

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: -16.48%

Average Trading Volume: 458,066

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen12.94B

For a thorough assessment of 4169 stock, go to TipRanks’ Stock Analysis page.

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