PAL GROUP Holdings CO., LTD. announced consolidated earnings results for the first quarter ended May 31, 2021. For the quarter, the company reported net sales of JPY 31,210 million compared to JPY 15,834 million a year ago. Operating profit was JPY 1,793 million compared to loss of JPY 3,088 million a year ago. Profit was JPY 1,030 million compared to loss of JPY 2,200 million a year ago. Basic earnings per share was JPY 23.45 compared to loss of JPY 50.08 a year ago.