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Olam International's profit for 2Q rises 20% to $154.1 million

Published on Feb 7, 2013 5:56 PM
 
A man walks past a logo of Olam International Limited at its office in Singapore on Nov 29, 2012. Olam International, the target late last year of short-seller Carson Block and his research firm Muddy Waters posted a 19.9 per cent rise in net profit to $154.1 million for the second quarter. -- PHOTO: REUTERS

Olam International, the target late last year of short-seller Carson Block and his research firm Muddy Waters posted a 19.9 per cent rise in net profit to $154.1 million for the second quarter.

Revenue for the three months to Dec 31 climbed 9.2 per cent to $4.9 billion.