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Novo Group's full-year loss narrows to US$16.3 mil

Michelle Zhu Published on Thu, Jun 30, 2016 / 1:13 PM GMT+8

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SINGAPORE (June 30): Novo Group, the steel trader and tin plate manufacturer, is still mired in the red as it ponders its next business.

For the FY16 ended April, the group posted full-year losses of US$16.3 million ($22 million), down from losses of US$20.6 million in FY15.

(See Novo Group's full-year loss widens to US$20.6 million)

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