Hotel New Grand <9720.Q>-6-month parent forecast

Tue Jul 7, 2009 2:01am EDT 

   July 7 (Reuters) -
             HOTEL NEW GRAND CO LTD
             PARENT-ONLY EARNINGS ESTIMATES
 (in billions of yen unless specified)
             6 months to      6 months to
             May 31,2009      May 31,2009
             LATEST           PREVIOUS
             FORECAST         FORECAST
 Sales              2.79             2.76   
 Operating        prft 1 mln      loss 50 mln
 Recurring        prft 2 mln      loss 55 mln
 Net              loss 5 mln      loss 50 mln
 NOTE - Hotel New Grand Co Ltd is an urban hotel operator.  
 For latest earnings estimates made by Toyo Keizai, please
double click on 9720.TK1.
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