SUBSCRIBERS
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
Published Tue, Aug 14, 2018 · 09:50 PM
Singapore
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 by a 48.3 per…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
OKP unit gets S$92.9 million LTA contract
Greenback recovers from PMI slump, yen closes in on 155 per dollar
Digital Core Reit Q1 distributable income slips 2.4% to US$10.6 million
Hong Kong Stock Exchange bids farewell to first woman chair
Toymaker Hasbro posts quarterly profit beat, slower sales decline
CapitaLand India Trust Q1 net property income up 19%