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<3261> Gran 1246 -46 sharp decline. In the third quarter of the fiscal year ending December 2024, revenue was 2.606 billion yen (26.4% decrease from the same period last year), and ordinary profit decreased by 0.006 billion yen (85.3% decrease) leading to a loss. In the real estate sales business, sales are recovering with the introduction of new products in the pre-built residential market, but revenue and profit are expected to decrease in the fourth quarter due to the sales of investment real estate being postponed. In the construction contracting business, revenue and profit decreased due to a decrease in orders caused by rising prices and high raw material costs.
Grand: Significant decline, performance of the third quarter of the fiscal year ending in December 24 is disappointing.
Significant decrease. In the third quarter of the fiscal year ending December 24, the revenue was 2.606 billion yen (a decrease of 26.4% compared to the same period of the previous year), and ordinary profit fell to 0.006 billion yen (a decrease of 85.3%), resulting in a deficit. In the real estate sales business, although the sales of newly developed single-family residences are showing signs of recovery, revenue and profit decreased due to the sales of investment real estate being in the fourth quarter. In the construction contracting business, revenue and profit decreased due to a decrease in orders caused by rising prices and high material costs. However, most of the properties are scheduled for delivery in the fourth quarter.
Grandes: Supplementary explanation of financial results for the 3rd quarter of the fiscal year ending 2024/12
Grandes: Summary of financial results for the 3rd quarter of the fiscal year ending 2024/12 [Japanese GAAP] (consolidated)
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