Novo Group Ltd. reported unaudited consolidated earnings results for the year ended April 30, 2016. For the group, revenue was $102,221,367 against $225,856,553 a year ago. Loss before tax was $16,071,415 against $20,207,231 a year ago. Loss from continuing operations, net of tax was $16,019,142 or 9.03 cents basic and diluted per share against $20,338,181 or 11.65 cents basic and diluted per share a year ago. Loss for the financial year attributable to equity holders of the company non-controlling interests was $16,173,121 against $22,103,599 a year ago. Net cash used in operating activities was $5,952,764 against $6,653,336 a year ago. Purchase of property, plant and equipment was $1,808,624 against $8,515,339 a year ago.