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RENOVA Reports Revenue Growth Amidst Profitability Challenges

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RENOVA Reports Revenue Growth Amidst Profitability Challenges

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RENOVA ( (JP:9519) ) has provided an announcement.

For the nine months ending December 31, 2024, RENOVA reported significant growth in revenue by 63% year-on-year, reaching 48,631 million yen. However, the company experienced a decline in operating profit and a net loss attributed to the parent company. Despite the financial challenges, RENOVA maintains a strong equity position, reflecting a stable financial foundation and potential for future recovery.

More about RENOVA

RENOVA, Inc. is a company listed on the Tokyo Stock Exchange, operating in the renewable energy sector. The company focuses on the development and management of renewable energy projects, including solar and biomass power generation, aligning with global sustainability goals.

YTD Price Performance: -20.37%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $355.5M

For an in-depth examination of 9519 stock, go to TipRanks’ Stock Analysis page.

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