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Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime

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Novo Group Ltd gives FY 2014 loss outlook

Tuesday, 3 Jun 2014 05:15am EDT 

Novo Group Ltd:Expects to record an increase of loss for FY 2014 as compared to that for FY 2013.The loss is mainly attributable to the cost increased following the commencement of test run of the group’s tinplate manufacturing plant in Jiangsu and tinplate processing plant in Tianjin.The decrease in the profits of the group’s trading business caused by unfavourable market conditions. 

Company Quote

24 Oct 2014