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Bunge second-quarter profit more than doubles

Agricultural commodities trader Bunge Ltd said on Wednesday its second-quarter profit more than doubled, helped by strength in its agribusiness segment.

July 29 (Reuters) - Agricultural commodities trader Bunge Ltd BG.Nsaid on Wednesday its second-quarter profit more than doubled, helped by strength in its agribusiness segment.

Net income attributable to the company was $516 million in the second quarter ended June 30, compared with $214 million, a year earlier.

The unit, its largest in terms of revenues and volumes, purchases, processes and sells agricultural commodities like oilseeds and grains.

(Reporting by Shradha Singh in Bengaluru; Editing by Ramakrishnan M.)

((Shradha.Singh@thomsonreuters.com; within U.S. +1 646 223 8780 Ext: 2804, outside U.S. +91 80 6182 2630;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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