The New Homes Group delivered its half-year results with profits up by 50% and turnover and average selling price all strongly ahead. This was a record performance for the group and relates to a period when the housing market was rising sharply. Since then the market has dipped following a succession of interest rate rises and a drop in consumer confidence.
Question: The next half-year results may not be so impressive.
Options:
A. true, B. false, C. uncertain
Answer: A