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Wilmar's Q3 net profit up 47% to US$392m
Published Thu, Nov 10, 2016 · 09:50 PM
Singapore
LOWER foreign-exchange losses and gains from investment securities gave a fillip to Wilmar International's results for the third quarter.
The group's net profit shot up 47 per cent to US$392.2 million from the preceding year. For the three months ended Sept 30, revenue expanded 4 per cent to US$11.1 billion from the year-ago period, thanks to stronger commodity prices.
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