MWCC extends gains after receiving subsidy grant for new energy technology R&D program
MWCC Inc. <9227> extended gains after announcing after the close on Oct. 1 that it received a subsidy grant notification from the New Energy and Industrial Technology Development Organization (NEDO) for its "Technology Research and Development Project for New Energy Seed Discovery and Commercialization." The news was favorably received by the market. The grant totals 47.78 million yen. MWCC said the project is expected to contribute to earnings from the next fiscal year, with minimal impact on earnings for the fiscal year ending June 2027.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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