RENOVA (JP:9519) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
RENOVA, Inc. reports a slight decrease of 1.4% in actual electricity sales against the planned figures for the fiscal year but showcases an overall year-on-year increase of 3.6%. The company operates numerous renewable energy power plants, including solar, biomass, and geothermal, with new plants scheduled to start within the fiscal year. Despite minor output curtailments due to electric power control instructions, the impact on the financial forecast for the fiscal year is minimal.
For further insights into JP:9519 stock, check out TipRanks’ Stock Analysis page.