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. | |
---|---|---|
+3.00% | 26.39B | |
+17.88% | 20.94B | |
+40.70% | 12.77B | |
-10.37% | 11.33B | |
+8.90% | 10.59B | |
+6.16% | 9.78B | |
+26.37% | 8.81B | |
+0.64% | 8.49B | |
+24.82% | 7.16B |