Published:
Noble Group warns of $130m net loss for Q1
It said its operating environment remained challenging.
Singapore-listed commodities trader Noble Group warned that it would likely report a net loss of about $130m in Q1.
The company said its operating environment remained challenging and was made worse by dislocation in the coal markets during the quarter causing the decoupling of the prices of key indices and other trading issues.
Meanwhile, the group has taken measures to realign its portfolio to mitigate against both the continuation and repeat of such adverse events.
Read Here
Advertise
Sign Up
