Survey on Cost Management in the Construction Industry: Approximately 70% See Profit Margin Decline Due to Soaring Material Prices, Less Than 10% Able to Pass on Costs

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A survey by IPIA Co., Ltd. reveals that approximately 70% of construction companies have experienced a decline in profit margins due to soaring material prices, with less than 10% successfully passing on these costs. The findings highlight the urgent need for real-time cost management.

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