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Olam's Q2 profit up 29% at S$147.7m on stronger sales

Revenue climbs 31% to S$6.52b; CEO expects "fairly strong" recovery in palm oil production

Published Mon, Aug 14, 2017 · 09:50 PM

Singapore

STRONGER sales volume in most business segments, especially for grains and edible oils, gave a fillip to Olam International's results in its second quarter.

Net profit jumped 29 per cent to S$147.7 million from the year-ago period, the group said in a Singapore Exchange filing on Monday morning.

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Palm oil

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Companies & Markets

Companies & Markets

Olam's Q2 profit up 29% at S$147.7m on stronger sales

KEYWORDS IN THIS ARTICLE

Companies & Markets

Singapore shares climb at Friday’s open; STI up 0.2%

A timeline of DBS’ recent banking glitches

Keppel Infrastructure Trust posts 29.1% lower Q1 distributable income

Elite Commercial Reit’s Q1 DPU down 21.2% to £0.0067

Airbus called for compensation to take on money-losing Spirit operations: sources

Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share

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