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

Chief executive Sunny Verghese said he expects palm oil prices to soften a little bit more.


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...