By CARINE LEE
Olam International Limited on Tuesday said its net profit for the three months ended Dec 31, 2011 decreased 11.6 per cent to $128.5 million from $145.44 million a year ago.
Turnover for the second quarter rose 11 per cent year-on-year to $4.49 billion from $4.04 billion.
Earnings per share slipped to 5.26 cents from 6.84 cents.
Year-to-date earnings decreased 7.1 per cent to $162.73 million from $175.17 million.
Turnover for the half year ended Dec 31, increased 18.8 per cent to $7.72 billion from $6.5 billion.
Earnings per share for the first six months of the fiscal year 2012, was 6.66 cents, down from 8.34 cents a year ago.