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ENECHANGE Reports Discrepancy in Financial Results Due to Extended Fiscal Year

Story Highlights
  • ENECHANGE Ltd. operates in the energy sector, focusing on energy management solutions.
  • Financial discrepancies arose from a 15-month fiscal period and asset impairment impacts.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ENECHANGE Reports Discrepancy in Financial Results Due to Extended Fiscal Year

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Enechange Ltd. ( (JP:4169) ) has provided an update.

ENECHANGE Ltd. has reported a discrepancy between its forecasted and actual financial results for the fiscal year ending March 31, 2025. The company attributes this difference to the extended 15-month fiscal period and the impact of impairment losses on fixed assets, which affected operating income but resulted in higher ordinary income. Additionally, net income was positively influenced by gains from the sale of shares in an affiliated company, linked to a joint venture in the EV charging business.

More about Enechange Ltd.

ENECHANGE Ltd. operates in the energy sector, focusing on providing innovative solutions for energy management and efficiency. The company is involved in the development and operation of platforms and services that enhance energy usage insights and optimization, catering to both individual and corporate clients.

Average Trading Volume: 243,658

Technical Sentiment Signal: Hold

Current Market Cap: Yen14.4B

For detailed information about 4169 stock, go to TipRanks’ Stock Analysis page.

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