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Q1 2020 Seibu Holdings Inc Earnings Call Transcript
I will now give you an overview of the financial results for the 3 months ended June 30, 2019, using the overview of the financial results presentation.
Please turn to Page 2. These are the financial results for the first quarter of the fiscal year ending March 2020. Operating revenue was JPY 144.8 billion, increasing 6 periods in a row. The JPY 8.5 billion growth year-on-year was mainly driven by the increase in private construction works for residential buildings and renovation projects in the construction business, RevPAR growth in the hotel business, sales of the condominium ENVIE-NÃ HOYA and rising attendance at the Seibu Lions baseball games. Thanks to the top line growth, operating profit grew JPY 1.3 billion, ordinary profit grew JPY 1 billion and profit attributable to owners of parent grew JPY 1.3 billion year-on-year.
I will now go over the status of each segment. Please turn to Page 3. This slide shows the operating revenue by segment. Revenue for the Urban Transportation
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