Noble Group, part owner of the Jamalco plant in Jamaica, slumped to another quarterly loss in the first three months of this year as it scrambled to secure a survival plan.
The Singapore-listed trader recorded a net loss of US$72 million in the three months to March, compared to a loss of US$129 million in the same period a year ago.
Its core trading business posted losses of US$44 million before the expense of running costs and financing.
The results would have been worse if not for a big contribution from a joint venture in which Noble holds an interest.
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