Agribusiness

Olam International profits up 50% on rise in volume

Olam International profits up 50% on rise in volume

Olam International Ltd reported on Thursday a 50.3% rise in net profit after tax for first-half ended December 31, 2009 (H1 FY2010).

China Fishery profits up by 12.5% due to increased catch

China Fishery Group Ltd. announced Wednesday its net profit went up 12.5 percent to US$18.3 million from US$16.2 million.

Olam acquires Nigerian flour mill for US$107.6 million

Supply chain manager Olam International announced its acquisition of Crown Flour Mills Limited for a consideration of US$107.6 million.