Novo Group Ltd. provided earnings guidance for the six months ended October 31, 2012. For the period, the company expects to record a loss in its
unaudited consolidated interim results for the six months ended October 31, 2012 mainly attributable to the decline in the group's trading business brought about by the fluctuating raw material prices, stagnating global market conditions and the unpredictable economic situation due to heightening concerns of sovereign debt crisis in Europe throughout the period under review.