Nobel Design Q4 profit up 47% at S$9.4m

Singapore

NOBEL Design Holdings' net profit for the fourth quarter ended December 2014 rose 47 per cent, from S$6.43 million to S$9.42 million on the back of revenue jumping 20 per cent to S$44.8 million.

For the full year ended December, the mainboard-listed furniture com-pany's net profit rose from S$19.0 million to S$22.1 million, on the back of revenue jumping 35 per cent to S$147.2 million.