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Noble's Q1 net more than trebles to US$152.3m

Focus on margin opportunities pays off

Anita Gabriel
Published Thu, May 15, 2014 · 10:00 PM
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COMMODITY trader Noble Group's net profit more than trebled for the first quarter ended March 2014 to US$152.3 million from a year ago, led by improved margins in its energy and minerals division and lower losses in its agriculture business.

The group's operating income from supply chains jumped 30 per cent to US$497.4 mil…

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