You are here

Wilmar Q4 profit up 8.7% to US$401m

wilmar.jpg
WILMAR International on Thursday said net profit for the fourth quarter rose 8.7 per cent, "riding on better performances in most key segments as well as higher contributions from associates".

WILMAR International on Thursday said net profit for the fourth quarter rose 8.7 per cent, "riding on better performances in most key segments as well as higher contributions from associates".

The commodities firm said net profit for the three months ended Dec 31, 2014, stood at US$401 million, compared to US$369 million a year ago.

Revenue, though, fell 7.3 per cent from a year ago to US$10.8 billion. This was in part due to lower average selling price in consumer products.

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom