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. | |
---|---|---|
+5.58% | 26.69B | |
+12.31% | 19.86B | |
+41.21% | 12.8B | |
-12.22% | 11.06B | |
+1.50% | 10.12B | |
+44.52% | 9.51B | |
-4.11% | 8.88B | |
+41.35% | 7.84B | |
-13.40% | 7.22B |