01.03.2016 - Olam posts losses but food business still robust
Temasek Holdings-controlled Olam International posted a loss in the fourth quarter due to a one-time hit, although the commodities trader remains upbeat on its core food business despite the rout in markets. In a filing to the Singapore Exchange on Monday, Olam reported a loss of S$221.3 million ($157.2 million) in the fourth quarter, including a one-time fair value loss of S$192.6 million from Olam's investment in PureCircle, which produces the natural sweetener stevia...............................................Full Article: Source
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