Olam 1HFY2025 patmi surges 573% to $323.8 mil, declares 2 cents per share dividend

Olam Group has reported patmi of $323.8 million for 1HFY2025 ended June 30, more than four times higher y-o-y at a 573.2% surge.

Revenue during the period rose 49.9% y-o-y to $15.3 billion, while reported operating profit (or ebit) rose 85.5% y-o-y to $708.7 million. Including Olam Agri, or “discontinuing operations”, ebit was up 35.5% y-o-y to $1.2 billion.