Olam posts H2 profit of S$264.9m on reorganisation-led turnaround
Singapore
AGRI-FOOD giant Olam International posted a net profit of S$264.9 million for its second half ended Dec 31, 2021, from a loss of S$87 million a year ago.
This was mainly due to higher operating profit, as well as lower exceptional losses recorded for the period, the company said in a bourse filing on Monday (Feb 28).