Hong Kong-based Noble Group, a global supply chain manager of agricultural, metals, minerals and ores, and energy products, has announced that its revenues increased by 64 percent year on year to $10.1 billion through January-June 2007, a record in the company's history.
Meanwhile, the group's gross profit broke another record with a 68 percent increase to $333 million in the same period. As a result, the net income of the group totaled $100 million, up 66 percent year on year.
Group chairman David Eldon commented, "The strength of the group's diversified business was reflected in the record results of many of the businesses. In addition, the breadth of our first half financial performance was further strengthened by our selective capital investments and the continuing build-out of our integrated supply chain strategy."