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Olam back in the black with S$102m net in absence of exceptionals (Amended)

Growth led by cocoa, coffee, food staples and packaged foods
Wednesday, March 1, 2017 - 05:50

Singapore

IMPROVED operational performance and the absence of exceptional losses brought Olam International back into the black in the fourth quarter of 2016.

The agri-commodity group made a net profit of S$102.2 million for the three months ended Dec 31, a reversal from its loss

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