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$VC2.SG$ Olam Group :on Friday (Aug 11) reported a net profi...

Olam Group :on Friday (Aug 11) reported a net profit of S$48 million, -88.8 % from earnings of S$429.1 million y-y

The group said this was due to a one-off exceptional loss on lower almond yields in Australia which brought the group’s net exceptional loss to S$136.1 million, as well as significantly higher net interest costs of S$245.9 million.

Interim dividend: S$0.03
Pay out :Aug 28.
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