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Olam Q2 profit slumps 34.5% on higher costs, exceptional losses

Singapore

AGRI and food giant Olam International's net profit shrank 34.5 per cent to S$61.5 million for its second quarter ended June 30, from S$94 million a year ago.

This was due to higher depreciation and amortisation, net finance costs and exceptional losses, Olam said on...

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