Fukuoka City-based Aeon Kyushu announced that non-consolidated sales for the year ended February 2010 fell 3.7% from the year-before period to 258.9 billion yen. This was the company’s first revenue decline since their stock was publicly offered in 2000. The decline was attributed to lower customer unit prices and the chill in consumer purchases caused by the economic downturn. Current profit, however, rose 15.4% to 437 million yen.
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- Aeon Kyushu Suffers First Revenue Decline since Exchange Listing