Singapore's Olam Group logs nearly sixfold jump in half-yearly profit
14/08/2026 24:13
Singapore's Olam Group logs nearly sixfold jump in half-yearly profit Aug 14 (Reuters) - Singapore's Olam Group OLAG.SI reported a nearly sixfold increase in half-yearly profit on Friday, boosted by gains from asset sales and a revaluation linked to its ongoing restructuring programme.
Olam, one of the world's biggest agricultural commodities traders, posted profit attributable of S$1.91 billion ($1.49 billion) for the six months ended June 30, compared with S$323.8 million last year.
($1 = 1.2802 Singapore dollars)
(Reporting by Aamir Shaik Khalid in Bengaluru; Editing by Diti Pujara)
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