China-based infrastructure solutions provider Wowjoint Holdings Limited (BWOW) reported a fourth-quarter net loss attributed to ordinary shareholders of $340,000 or breakeven per share, compared to net profit $1.3 million or $0.17 per share in the year-ago quarter.
Total sales for the quarter fell to $4.0 million from $11.0 million in the same period last year.
Looking forward to the first quarter of fiscal 2012, the company said it expects revenue of about $1 million to $2 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.