Olam back in the black with S$102m net in absence of exceptionals (Amended)
Growth led by cocoa, coffee, food staples and packaged foods
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
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 of US$269.5 million a year earlier.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
