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Olam's Q4 profit quadruples; declares 4.5-cent final dividend

Anita Gabriel

Published Fri, Feb 28, 2020 · 09:50 PM

Singapore

AGRI-food giant Olam International's net profit has more than quadrupled to S$313.4 million from a year earlier.

This was thanks to substantial one-off divestment gains and a better showing across various business segments, including cocoa, coffee, grains, animal feed and packaged foods.

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Palm oil

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Companies & Markets

Companies & Markets

Olam's Q4 profit quadruples; declares 4.5-cent final dividend

Anita Gabriel

KEYWORDS IN THIS ARTICLE

Companies & Markets

Singapore stocks rise, tracking regional bourses; STI up 0.3%

Boosted by name brand beers, Carlsberg sees higher sales

JPMorgan promotes about 150 in Asia, EMEA to managing director

Brokers’ take: Analysts upgrade iFast’s rating on higher growth expectations

Stellantis misses forecasts with 12% revenue drop in Q1, sees stronger H2

L'Occitane's billionaire owner Geiger to take firm private in US$1.8 billion deal

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