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Asian Star Co. (8946) · RiskFirst stated

Declining Profitability of Renovation Operations

First written in FY2024-Q1. . Latest entry: FY2024-Q1.

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Decline in real estate management business profit due to lower profitability in renovation operationsA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2024-Q1First statedAnnual report

    「Operating profit declined to ¥7 million, down 70.1% year on year, due in part to lower profitability in renovation operations.」

    Lower profitability in renovation operations actually occurred and caused operating profit in the real estate management business to fall 70.1% year on year.
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Declining Profitability of Renovation Operations | ASIAN STAR CO. (8946) | Komori