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Noble's Q3 earnings hit by associate Yancoal's losses

HIT by losses in its associate, Yancoal Australia, Noble Group saw its third quarter earnings plunge 70 per cent.

Net profit for the three months ended Sept 30 stood at US$22.8 million, down from US$75.2 million a year ago.

Revenue climbed 13 per cent to US$25.6 billion.


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