Hotel Newgrand Co.,Ltd. reported earnings results for the first quarter ended February 2021. For the quarter, net sales were JPY 696 million against JPY 1,184 million reported a year ago. Operating loss was JPY 236 million against JPY 33 million reported a year ago. Loss was JPY 245 million against JPY 75 million reported a year ago. Earnings per share was JPY 208.35 against JPY 64.52 reported a year ago.