TOKYO, Apr 15 (Pulse News Wire) – Avantia CO.,LTD. (8904.T) reported second quarter revenue of ¥765 million and operating profit of ¥14 million.
Despite a slight decline in top-line growth, the company's focus on improving profitability in its housing division led to a significant increase in operating profit compared to the same period last year. In the residential sales sector, AVANTIA saw improvements in inventory management, resulting in higher margins. However, the number of completed units sold decreased due to a shift towards land sales in the first half of the fiscal year. Looking ahead, the company expects peak completions in the second half of the fiscal year to drive further revenue growth.
For the real estate brokerage business, despite a reduction in transactions, AVANTIA maintained steady performance through strategic property selection targeting the end-user market. The construction services division also showed resilience, securing sufficient orders while managing costs effectively. AVANTIA continues to prioritize risk control amid an unstable external environment, focusing on minimizing impacts from rising raw material and logistics costs. The company remains committed to achieving its long-term vision, VISION2030, through targeted strategies aimed at sustainable growth and improved operational efficiency.
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