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eREX Co., Ltd. ( (JP:9517) ) has shared an update.
eREX Co., Ltd. reported consolidated financial results for the nine months ending December 31, 2024, showing a decline in net sales by 31.3% compared to the previous year. Despite the drop in sales, the company managed to achieve positive operating income and net income figures. The adoption of International Financial Reporting Standards (IFRS) for the first time this fiscal year represents a significant move towards enhancing financial transparency and comparability. Additionally, eREX announced a forecasted annual dividend, reflecting confidence in its future financial stability.
More about eREX Co., Ltd.
eREX Co., Ltd. operates in the energy sector and is listed on the Tokyo Stock Exchange. The company primarily focuses on electricity retailing and renewable energy solutions, striving to offer sustainable energy options to its clients.
YTD Price Performance: 12.80%
Average Trading Volume: 479,549
Technical Sentiment Consensus Rating: Hold
Current Market Cap: Yen65.22B
For detailed information about 9517 stock, go to TipRanks’ Stock Analysis page.