Noble Group's Q3 net loss narrows to US$99m

Singapore

CONSTRAINTS on liquidity and on the availability of trade finance continued to dampen Noble's performance for the third quarter, along with the impact of restructuring expenses associated with implementing its restructuring.

The commodity trader reported a third-quarter net loss of US$99 million, narrowing from a loss of US$1.17 billion in the preceding year, the group said in a Singapore Exchange filing on Tuesday evening.