The Business Times
business-time-50
SUBSCRIBERS

Investment, forex losses slash Wilmar gain

Group Q3 profit dives 34 per cent to US$276m on 7.6 per cent lower revenue of US$10.6 billion

google-preferred-sourceAdd BT as a preferred source
Published Wed, Nov 11, 2015 · 09:50 PM
    Wilmar International

    Singapore

    NET profit for Wilmar International fell 34.7 per cent to US$275.8 million in the third quarter, as higher losses from its investment securities and higher foreign exchange losses dragged down the bottomline.

    The group's revenue slipped 7.6 per cent to US$10.6 billion, mainly due to lower commodity prices.

    wilmar internationalPalm oil

    TRENDING NOW

    The departure of food manufacturing operations from Singapore may not necessarily be reason for concern.

    Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned

    RWS is seen as a family-oriented island destination, with a larger emphasis on non-gaming offerings such as theme parks and attractions.

    Not beyond compare: Genting Singapore’s weak hand is getting harder to hide

    KSL's Khoo Lee Feng says it is "not so much what you study, but how you learn".

    Johor property old hand KSL readies family handover amid market boom

    Fortune notes that Tan Su Shan made history in 2025 as the first woman to lead DBS, South-east Asia’s largest bank by assets.

    DBS CEO Tan Su Shan ranks sixth globally on Fortune’s most powerful women list in 2026

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More