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Olam Q2 earnings slide 36 per cent to S$94m

Down cycle in coffee, drought in peanut farms, lower contribution from edible oils took their toll on results


COMMODITY trader Olam International has posted a net profit of S$93.9 million in the second quarter, down 36.4 per cent from the same period a year earlier on weaker earnings from coffee, peanuts and edible oils.

Revenue climbed 13.9 per cent to S$7.4 billion, supported...

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