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Noble swings to net loss of US$28.1m for Q3

2016 results 'significantly impacted by conservative approach to liquidity management'


NOBLE Group swung into a net loss of US$28.1 million for the third quarter ended Sept 30, from a net profit of US$24.7 million, amid constraints on working capital and a cessation of some operations as it adopts an asset-light strategy.

Revenue was 38 per cent lower than...

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