Sat, Dec 20, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Olam profit rises 38pct on higher demand for commodities

Posted on 30 August 2011

Olam International Ltd., a commodities supplier partly owned by Singapore’s Temasek Holdings Pte, reported a 38 percent gain in fourth-quarter profit as trading volumes increased.
Net income climbed to S$127.4 million ($106 million) in the three months ended June 30 from S$92.3 million a year ago, Singapore-based Olam said today in a statement. Excluding one- time gains, profit grew 4.9 percent to S$106 million. Sales increased 44 percent to S$4.52 billion as trading volumes across all four of Olam’s main business areas rose……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15428 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031