Revenue for the period declined by 10.8% y-o-y to $23.6 billion as lower prices across several products in the portfolio offset sales volume growth.
Olam Group has reported earnings of $230.8 million for its 2HFY2023 ended December, up 15.5% y-o-y.
This follows ebit growth and lower exceptional losses, even after accounting for higher net finance costs and lower contribution from Olam Agri following its 34.5% stake stale to Saudi Agricultural and Livestock Investment.
