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Envipro Holdings, Inc. ( (JP:5698) ) has shared an announcement.
Envipro Holdings, Inc. has revised its financial forecast for the fiscal year ending June 30, 2025, lowering its expected net sales and profits due to a slowdown in exports and a decline in ferrous scrap prices influenced by yen appreciation and reduced overseas steel demand. However, the company anticipates better-than-expected performance in its Lithium-ion Battery Recycling Business due to increased transaction volumes, though overall consolidated financial results are expected to be lower than previously announced.
More about Envipro Holdings, Inc.
Envipro Holdings, Inc. operates in the resource circulation and global trading industry, focusing on recycling and trading businesses, including ferrous scrap and lithium-ion battery recycling.
YTD Price Performance: -2.93%
Average Trading Volume: 74,803
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen11.95B
For an in-depth examination of 5698 stock, go to TipRanks’ Stock Analysis page.