Noble Group Revenue Reaches $19.7B In Q2

Commodities trader Noble Group reported that its revenue for the April-June period increased more than 52% to $19.7 billion, up from $12.9 billion in the previous year.

Commodities trader Noble Group reported that its revenue for the April-June period increased more than 52% to $19.7 billion, up from $12.9 billion in the previous year. The firm also saw a 63% year-on-year increase in its second quarter net profit to $139.8 million, up from $85.8 million a year ago. For the first half of the year, Noble recorded a 71% gain in net profit to $343 million, up from $200.9 million last year. Its revenue increased 63% to $39.7 billion, up from $24.3 billion in the previous year.

Click here for the release from Noble Group.