Clover Industries Ltd Provides Earnings Guidance for the Six Months Ended December 31, 2012; Reports Revenue Results for the Six Months Ended December 31, 2012
The company reported revenue results for the six months ended December 31, 2012. For the period, the company's revenue increased by 11% compared to the previous comparative period, the growth achieved was not sufficient to compensate for the additional costs (marketing, sales and other fixed costs) incurred in relation to the launch of new products and platforms across the business.