Nobel Design

Nobel Design: 3Q14 profit fell 43.4% to $2.3m taking 9M14 net profit to $12.7m (+0.6%). For 9M14, revenue was up 43% to $102.4m, led by the Group’s supply chain division under Buylateral Group which sells mainly to the USA market. Bottom-line was largely weighed by the lack of contributions from other gains at $2.5m (-66%) due to amortisation of deferred income from the previous year.