Stocks to watch: Wilmar, Emperador, Olam, Golden Agri, Haw Par, HPL, Yangzijiang Financial, AEM

THE following companies saw new developments that may affect trading of their securities on Monday (Aug 14):

Wilmar International : The agribusiness group posted on Friday a 52.7 per cent drop in net profit for the half year ended June 2023 to US$551 million, from US$1.2 billion last year. This was attributed to lower contributions from food products and feed, as well as industrial products. Shares of Wilmar fell 0.8 per cent or S$0.03 to S$3.81, before the announcement.

Emperador : The Philippine liquor giant reported on Friday an 11 per cent climb in revenue to 31 billion pesos (S$742 million) in the first half of this year from a year ago, due to its stellar whiskey performance. The counter closed flat at S$0.515, after the announcement.