CAPITAMALLS Asia (CMA) yesterday posted net profit of $205.4 million for its fourth quarter, a 40 per cent year-on-year drop from the restated net profit of $342 million in Q4 2010.
HIGHER fuel and staff costs slowed down SBS Transit in 2011, with its net profit for the full year ended Dec 31 sagging 32.4 per cent to $36.7 million.
COMMODITY firm Olam International's latest acquisition of Nigerian candy and biscuit maker Titanium Holding Company received the nod of approval from most analysts, who say that the move fits in with its strategy to move further upstream.