Hong Kong's Noble Group notched a $206 million loss in the first quarter of 2020, with the company citing the breaking of supply chains due to the Covid-19 outbreak as the key reason for the slump, the trading group announced on Tuesday June 23.
"Q1 was dominated by the impact of the Covid-19 pandemic, which has had far-reaching implications for every business and sector, including ours," Noble chairman Jim Dubow said.Noble, which restructured in 2018...