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Wilmar warns of US$230m Q2 loss

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

Michelle Quah
Published Tue, Jul 19, 2016 · 09:50 PM
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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 o…

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