Leading food and agri-business Olam International has posted earnings of $332.7 million for the 1H20 ended June, a 44.4% growth from the earnings of $230.4 million a year ago. The increase is due to a net exceptional gain of $130.6 million from the divestments of the remaining 50% stake in Far East Agri and the partial stake sale of ARISE P&L.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe