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Wilmar's Q1 profit down 41% on lower palm oil prices, sugar business woes

But management chooses to focus on the threat of Washington-Beijing trade tensions

Annabeth Leow
Published Thu, May 10, 2018 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

LOWER crude palm oil prices and weakness in its sugar business both took their toll on agri-business giant Wilmar International's first-quarter earnings, it disclosed on Thursday.

But its management has largely shrugged off these challenges, choosing instead to focus on the threat of Washington-Beijing trade tensions.

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