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Sovereign Wealth Funds Briefing - Categorized | Performance

Olam’s Q2 profit falls

Posted on 15 February 2011

From Todayonline.com: Olam International, partly owned by Singapore investment giant Temasek Holdings, reported an 8.2 per cent fall in its fiscal second quarter net profit even as higher commodity prices and margins helped to offset a decrease in one-time gains.
Olam, one of the world’s leading commodity firms, earned $145.8 million in the quarter ended December, down from $158.9 million a year ago. Revenue rose 45.4 per cent to $4.1 billion……………………………………….Full Article: Source


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