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Noble's Q3 profit soars to US$153.9m
Revenue up 7% at US$23.3b as group handles a third more volume
Published Fri, Nov 7, 2014 · 09:50 PM
Singapore
NOBLE Group posted third-quarter net profit of US$153.9 million, almost seven times the US$22.9 million a year ago, thanks to increased trading volumes and a turnaround profit on the group's supply chain assets.
Revenue rose 7 per cent to US$23.3 billion, from US$21.8 billion a year ago, as the largest commodity trader in Asia handled a third more volume.
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