HOTEL NEWGRAND CO., LTD. (JP:9720) has released an update.
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HOTEL NEWGRAND CO., LTD. has reported a positive financial performance with a 10.2% increase in net sales and a significant 82% jump in profits compared to the same quarter the previous year. The company also saw an increase in its net assets per share from 2,754.71 to 2,904.02 yen, indicating a stronger financial position. Despite these gains, the company did not declare any dividends for the second quarter.
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