hyflux doubles q3 profit

Water-treatment firm Hyflux’s third-quarter net profit climbed to $4.2
million from $1.9 million a year earlier, while revenue rose to $51.9
million from $29.4 million. Hyflux’s China operations contributed about
68 per cent to its revenue while sales in the Middle East and North Africa
accounted for 27 per cent.

Noble group triples Q3 profit

Noble Group’s net profit nearly tripled to $60.6 million in the third
quarter from $23.5 million a year earlier because of rising demand for
commodities. A recent expansion in its operations – to take advantage of
low production costs in source markets – and its shipping fleet also
helped its bottom line. Turnover of the energy segment, Noble’s largest
business, rose to $2.2 billion from $1.8 billion on higher returns from
clean fuels, coal, coke and carbon credits activities. – AGENCIES