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The latest announcement is out from HOTEL NEWGRAND CO., LTD. ( (JP:9720) ).
The company reported an increase in net sales by 9% year-over-year, though faced declines in operating and ordinary profits by 10.1% and 5% respectively, and a significant drop in profit by 22.9%. Despite these declines, the total assets and net assets saw growth, indicating a stable financial position, though cash flow from operating activities decreased.
More about HOTEL NEWGRAND CO., LTD.
Hotel Newgrand Co., Ltd. operates in the general business category, primarily focusing on the hospitality industry with a listing on the Tokyo Stock Exchange.
YTD Price Performance: 6.31%
Average Trading Volume: 560
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen6.97B
For detailed information about 9720 stock, go to TipRanks’ Stock Analysis page.
