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.
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A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
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One of the spending needs that many of you would consider as part of the
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10 months ago
Hi Uncle 8888,
ReplyDeleteI know Olam is always in your portfolio.
Will this recent weakness mean you might add more?
I will continue to do the next round of short-term trading if Olam drops back to my entry level again.
ReplyDelete