RENOVA (JP:9519) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
