As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Click to email CW8888 or Email ID :

Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down

Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Tuesday, 15 May 2012

Olam Q3 profit falls 22.5%

Olam International Limited on Tuesday reported a 22.5 per cent decrease in year-on-year earnings to $98.68 million for the fiscal third quarter ended March 31, 2012.

Turnover decreased 10.8 per cent to $4.23 billion from a year ago, on lower commodity prices across most products.

Sales volume increased 19.7 per cent to 2.7 million metric tons. However, per ton margin fell from S$136 to S$124.

Year to date, the group posted a 13.6 per cent decrease in net profit to $261.41 million, on revenue of $11.95 billion.

No comments:

Post a comment

Related Posts with Thumbnails