3 Followers KLSE:7107 - Oriental Food Industries Holdings Bhd Oriental Food Industries Hold
Sector: Consumer Staples, Industry: Packaged Foods & Meats
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Olam posts 44.4% profit growth to $332.7m in H1

13 Aug 2020 - Singapore Business Review
It was thanks to a net exceptional gain of $130.6m from the divestments in Far East Agri. Olam International has recorded a profit of $332.7m in H1, a 44.4% YoY surge from $230.36m in H1 2019, a local bourse filing revealed. Revenue likewise rose 7.1% YoY to $17.08b from $15.94b over the same period. ...
klse:7107 sgx:5tj sgx:o32

Olam's FY2019 profits soared 62.2% to $564.16m

28 Feb 2020 - Singapore Business Review
Higher contributions from cocoa, grains, and animal feed businesses drove the gains. Olam International ended the decade on a high note as its profits rallied 62.2% YoY to $564.16m in FY2019 to reverse the 40% decline in FY2018, its SGX filing revealed. Revenue also rose 8.2% YoY to $32.99b over the ...
sgx:s68 klse:7107 sgx:o32

Olam restructures into two new operating groups

20 Jan 2020 - Singapore Business Review
This will allow investors to participate in two diverse themes via carve-outs or IPO listing. Food and agribusiness firm Olam is reorganising into two operating groups focusing on food ingredients and global agribusiness, according to an SGX filing. This is to simplify the firm’s portfolio and enable ...
sgx:s68 klse:7107 sgx:o32

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