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RENOVA Revises Full-Year Forecasts Upward Amid Biomass Profitability Gains

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RENOVA ( (JP:9519) ) just unveiled an update.

RENOVA, Inc. has revised its full-year consolidated forecasts for the fiscal year ending March 31, 2025, showing an increase in revenue and profitability. The revisions are due to improved profitability in the biomass business and reductions in development costs, indicating a positive impact on the company’s financial performance and industry positioning.

More about RENOVA

RENOVA, Inc. operates in the renewable energy industry, focusing on the development and management of renewable energy power plants, particularly in the biomass sector. The company is listed on the Tokyo Stock Exchange and is known for its commitment to sustainable energy solutions.

YTD Price Performance: -30.96%

Technical Sentiment Signal: Buy

Current Market Cap: $378.5M

See more data about 9519 stock on TipRanks’ Stock Analysis page.

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