tiprankstipranks
Trending News
More News >

eREX Co., Ltd. Reports Return to Profitability Despite Sales Decline

Story Highlights
eREX Co., Ltd. Reports Return to Profitability Despite Sales Decline

Confident Investing Starts Here:

eREX Co., Ltd. ( (JP:9517) ) has provided an announcement.

eREX Co., Ltd. reported a significant decrease in net sales for the fiscal year ending March 31, 2025, with a 30.1% drop compared to the previous year. Despite this, the company managed to return to profitability, reporting a net income attributable to owners of the parent company of JPY 2,118 million, a notable improvement from the previous year’s loss. The company’s financial position strengthened, with an increase in total equity and a higher ratio of equity attributable to owners of the parent company. The announcement reflects eREX’s efforts to stabilize its operations and improve its financial health, which could positively impact stakeholders and enhance its position in the energy market.

The most recent analyst rating on (JP:9517) stock is a Sell with a Yen690.00 price target. To see the full list of analyst forecasts on eREX Co., Ltd. stock, see the JP:9517 Stock Forecast page.

More about eREX Co., Ltd.

eREX Co., Ltd. operates in the energy sector, primarily focusing on the generation and distribution of electricity. The company is listed on the Tokyo Stock Exchange and is known for its commitment to sustainable energy solutions.

Average Trading Volume: 347,659

Technical Sentiment Signal: Hold

Current Market Cap: Yen65.15B

See more insights into 9517 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1