Noble warns of Q4 loss of US$1.7-1.9 billion
Full-year net loss expected at between US$4.8 billion and US$5 billion
Add BT as a preferred source
Singapore
NOBLE Group has warned of a net loss surpassing the billion-dollar mark for the three months ended Dec 31, 2017 - the group's fourth consecutive quarterly net loss - and also for the full year.
In its profit guidance issued on Monday, the group said it is expecting a fourth-quarter net loss in the range of US$1.7 billion to US$1.9 billion, bringing full-year net loss to between US$4.8 billion and US$5 billion.
TRENDING NOW
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
After a strong Q2, what’s next for Singapore banks? Analysts see DBS, OCBC ahead on wealth
Laos-China Railway picks up steam, but S-E Asian country struggles to capture gains
