Noble reports record profit, revenues

Hong Kong-Commodity and logistics giant Noble Group reported record profit and revenues for the year ending Dec. 31, 2010. Net profit was US$606 million on revenues of $56.7 billion, up from the prior year’s $556 million on sales of $31.2 billion. Noble said revenues more than doubled in its Energy sector to $37 billion, and rose 63 percent in Agriculture to $12 billion.