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RENOVA ( (JP:9519) ) has provided an announcement.
RENOVA has announced a delay in the start of operations for its Karatsu Biomass Power Plant, moving the date from March to September 2025 due to additional time needed for facility adjustments. This change will defer certain financial gains to the next fiscal year, impacting the profit attributable to owners of the parent company, but will not affect revenue, EBITDA, or operating profit.
More about RENOVA
RENOVA, Inc. operates in the renewable energy industry, focusing on developing and managing power generation projects, particularly in biomass and other sustainable energy sources. The company is listed on the Tokyo Stock Exchange and is involved in various energy projects through its affiliates.
YTD Price Performance: -7.13%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $411M
Learn more about 9519 stock on TipRanks’ Stock Analysis page.