BRIEF-Eneos CFO: Will Continue Expanding Our Renewable Energy Business But May Slow Down Slightly Than Initially Planned As We Rigorously Assess Profitability

Feb 14 (Reuters) - ENEOS Holdings Inc 5020.T:

• ENEOS CFO: FUNDS FROM JX ADVANCED METALS' IPO WILL BE USED FOR GROWTH INVESTMENTS, INCLUDING ENERGY TRANSITION SEGMENT, AND SHAREHOLDER RETURNS

• ENEOS CFO: WILL MAKE SELECTIVE INVESTMENTS WHERE OUR EXPERTISE CAN BE USED TO ENHANCE CORPORATE VALUE

• ENEOS CFO: SEE NATURAL GAS AND LNG AS ATTRACTIVE GROWTH INVESTMENT AREAS WHERE WE CAN LEVERAGE OUR EXPERTISE

• ENEOS CFO: NO IMMEDIATE PLANS TO CHANGE OUR STAKE IN JX ADVANCED METALS AFTER IPO, BUT WE MAY REVIEW DEPENDING ON SITUATIONS

• ENEOS CFO: AFTER IPO, JX ADVANCED METALS WILL OPERATE INDEPENDENTLY AND CAN TAKE SWIFT AND FLEXIBLE ACTIONS INCLUDING INVESTMENTS

• ENEOS CFO: WILL CONTINUE EXPANDING OUR RENEWABLE ENERGY BUSINESS BUT MAY SLOW DOWN SLIGHTLY THAN INITIALLY PLANNED AS WE RIGOROUSLY ASSESS PROFITABILITY

Source text: [ID:]

Further company coverage: 5020.T