Hotel Newgrand Co.,Ltd. announced earnings results for the first quarter ended February 2020. For the quarter, the company reported net sales of ¥1,184 million as compared to ¥1,182 million for the same period last year. Operating loss was ¥33 million as compared to ¥65 million for the same period last year. Loss was ¥75 million or ¥64.25 per basic share as compared to ¥71 million or ¥61.25 per basic share for the same period last year.