Hotel Newgrand Co., Ltd. Reports Earnings Results for the Year Ended November 30, 2018; Provides Earnings Guidance for the Six Months Ending May 2019 and Year Ending November 2019
For the six months ending May 2019, the company expects net sales of ¥2,540 million, operating loss of ¥80 million, ordinary loss of ¥85 million, loss of ¥90 million or ¥79.50 per basic share.
For the year ending November 2019, the company expects net sales of ¥5,360 million, operating profit of ¥50 million, ordinary profit of ¥40 million, profit of ¥36 million or ¥31.80 per basic share.