Olam H1 profit inches up 0.2% to S$48 million

AGRI-FOOD giant Olam Group on Wednesday (Aug 14) reported a net profit of S$48.03 million for the first half-year, inching up 0.2 per cent from S$47.96 million in the year-ago period.

Earnings per share stood at S$0.0084, unchanged from the previous corresponding period.

An interim dividend of S$0.03 per share was declared for the period, unchanged from the previous year. It will be paid out to shareholders on Aug 29, after the record date of Aug 22.