You are here

Palm oil price weakness hits Wilmar's Q4 profit

But higher volumes in some segments help to cushion impact; net profit drops 16% as revenue slides 12.5%
Friday, February 19, 2016 - 05:50

Singapore

WEAK crude palm oil (CPO) prices in the fourth quarter put a dent in earnings for agribusiness group Wilmar International in the fourth quarter, but higher volumes in segments such as soyabean crushing helped to cushion the blow.

Net profit for the three months ended Dec

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom