Novo Group Ltd. provided consolidated earnings guidance for the first quarter ended July 31, 2012. For the quarter, the company's expects to record a loss, mainly attributable to the decline in the group's trading business brought about by the unpredictable economic situation due to heightening concerns of sovereign debt crisis in Europe and concerns of a hard landing in the People's Republic of China throughout the period under review.
1st Jan change | Capi. | |
---|---|---|
+6.13% | 27.26B | |
+17.03% | 20.78B | |
+35.53% | 12.38B | |
-14.44% | 10.83B | |
-7.55% | 9.04B | |
+30.71% | 9.03B | |
-2.05% | 8.96B | |
+36.92% | 7.72B | |
-11.98% | 7.34B |