Hotel Newgrand Co. Ltd. reported earnings results for the year ended November 30, 2017. For the year, the company reported net sales of ¥5,048 million compared to ¥4,484 million a year ago. Operating loss was ¥363 million compared to ¥597 million a year ago. Ordinary loss was ¥367 million compared to ¥601 million a year ago. Loss was ¥4,092 million or ¥3,684.72 per basic share compared to ¥940 million or ¥810.22 per basic share a year ago. Return on equity negative was 82.8% compared to 12.5% a year ago. Cash flows from operating activities was ¥408 million compared to net cash flows used in operating activities of ¥786 million a year ago.