Hotel Newgrand Co. Ltd. Reports Earnings Results for the Year Ended November 30, 2019; Provides Earnings Guidance for the Six Months Ending May 2020 and Year Ending November 2020
For the six months ending May 2020, the company expects net sales of ¥2,500 million, operating loss of ¥100 million, loss of ¥103 million or ¥87.64 per basic share.
For the year ending November 2020, the company expects net sales of ¥5,300 million, operating profit of ¥30 million, profit of ¥17 million or ¥14.46 per basic share.