Olam International posted a 20.1% rise in its operational PATMI (excluding exceptional items) to $346.2 million for FY2015.
For the 12 months to December, it made a PATMI loss of $64.3 million due to a net exceptional loss of $397 million against a net exceptional gain of $302.9 million in 12M 2014.
Revenue for the period decreased 3.6% to $19.052 billion.
The results include an impact of $192.6 million due to a change in the basis of presentation of the equity investment in PureCircle from other comprehensive income to the profit and loss statement.
The board recommends a final dividend of 3.5 cents per shares, taking total dividend for the 18-month financial year to six cents per share.
Shares in Olam ended at $1.575 on Friday.
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For the 12 months to December, it made a PATMI loss of $64.3 million due to a net exceptional loss of $397 million against a net exceptional gain of $302.9 million in 12M 2014.
Revenue for the period decreased 3.6% to $19.052 billion.
The results include an impact of $192.6 million due to a change in the basis of presentation of the equity investment in PureCircle from other comprehensive income to the profit and loss statement.
The board recommends a final dividend of 3.5 cents per shares, taking total dividend for the 18-month financial year to six cents per share.
Shares in Olam ended at $1.575 on Friday.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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