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Stock impact report

Lead Real Estate Co., LTD. Reports Higher Revenues and Net Income, on the Strength of Rising Real Estate Sales, for the Fiscal Year ended on June 30, 2024 [Yahoo! Finance]

Lead Real Estate Co., Ltd - American Depositary Shares (LRE) 
Company Research Source: Yahoo! Finance
luxury residential properties, including single-family homes and condominiums across Tokyo, Kanagawa prefecture and Sapporo, and which develops and operates the ENT TERRACE brand of extended-stay hotels, today announced financial results demonstrating top line and bottom line year-over-year growth for the fiscal year ended June 30, 2024. Total Revenue was JPY18.9 billion for the fiscal year ended June 30, 2024, from JPY17.4 billion for the fiscal year ended June 30, 2023. The major revenue component, Real Estate Sales, increased to JPY18.5 billion from JPY17.1 billion, 8.1% year over year, in the fiscal year ended June 30, 2024. Significant revenue developments in the fiscal year ended June 30, 2024, include: Units of land deliveries for condominiums more than doubled to 33 from 16. However, the Average Sale Price decreased by 21.2% year-over-year to JPY353 million because the number of units sold with low prices increased. Units of condominium building deliveries increased Show less Read more
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