Wilmar's Q3 profit up 1.5% at US$422.4m

Singapore

DESPITE a dip in revenue, third quarter net profit for Wilmar International rose 1.5 per cent to US$422.4 million, boosted by other operating income and results from associates. This translated to earnings per share of 6.6 US cents, up from 6.5 US cents a year ago.

Revenue for the three months ended Sept 30 slid 2.7 per cent to US$11.5 billion.