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Olam's Q1 net profit up 6.1% at S$179m on net exceptional gains

Excluding exceptional items, however, earnings fell 24.9%; revenue rose 4.6% to S$7.68 billion

On the Covid-19 situation, Olam says it has been able to operate most of its global facilities at or near capacity in Q1 as it is deemed a provider of essential services in many parts of the world.


OLAM International recorded a 6.1 per cent rise in net profit to S$179.1 million for the first quarter ended March 31, from S$168.8 million a year earlier, according to a business update released on Thursday.

This came on the back of S$43.2 million in net exceptional...

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