Will Record a Net Loss of S$183.7 Million Noble Group | Moses Stock Analysis

May 12, 2017

Noble’s shares plunged the most on record to the low. S&P Global Ratings said the commodity trader’s debt-load is unsustainable given Noble current earnings path.

Singapore mainboard-listed Noble Group warned that it will record a net loss of around US$130 million (S$183.7 million) for the first quarter.

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