You are here

Wilmar warns of US$230m Q2 loss

Group hit by untimely purchases of raw materials in highly volatile market

Singapore

AGRIBUSINESS heavyweight Wilmar International says it expects to report a net loss of US$230 million (S$311 million) for its fiscal second quarter ended June 30, 2016.

The mainboard-listed group said in an announcement on Tuesday that this loss was due to "challenging

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