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Olam posts 1.5% dip in Q3 net profit to S$20.4m

This was due to higher net finance cost, depreciation and amortisation arising from a new accounting standard

Singapore

AGRI and food giant Olam International's net profit fell marginally by 1.5 per cent to S$20.4 million for the third quarter ended Sept 30, from S$20.7 million a year ago.

This was due to higher net finance cost, depreciation and amortisation arising from the adoption of...

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