Olam sees rebound in coffee prices after profits drop
date:Feb 17, 2014
res rallied to a six-month high earlier this month, climbing from a more than three-year low in November.

HIGH DEPRECIATION

Olam's profit after tax and minority interest (PATMI) for the Oct-Dec quarter dropped 12.5 percent to S$134.9 million.

Revenue in the quarter fell 8 percent to S$4.5 billion, affected by lower volume and softer commodity prices.

Its edible nuts, spices and vegetable ingredients, wheat milling, sugar refining, as well as dairy and cocoa supply chain businesses performed
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