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Olam Q2 earnings up 20% on smaller fair value loss

Net profit jumps to S$114.9m from S$95.8m for year-ago period
Saturday, August 13, 2016 - 05:50

MR VERGHESE: 'I don't think La Nina would be a factor in potential disruptions or enhancements in supply in different parts of the world.'


EARNINGS for Olam International rose 20 per cent for the second quarter, thanks to a smaller loss from changes in fair value of biological assets this year.

Net profit jumped to S$114.9 million from S$95.8 million for the year-ago period, the agri-commodity group said in

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