Hotel Newgrand Co.,Ltd. provided earnings guidance for the first half and full year ending November 2023. For the first half, the company expects net sales of JPY 2,478 million, operating profit of JPY 30 million, profit of JPY 16 million or JPY 13.65 per share.

For the full year, the company expects net sales of JPY 5,060 million, operating profit of JPY 105 million, profit of JPY 75 million or JPY 63.90 per share.