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Swine fever hurts crush margins, halves Wilmar's Q2 net profit

Anita Gabriel
Published Tue, Aug 13, 2019 · 09:50 PM

Singapore

AGRICULTURE giant Wilmar International's net profit for the second quarter halved to US$150.9 million from a restated US$316.4 million a year ago as the African swine fever in China hurt demand for soybean meal, one of the group's primary products.

Other culprits were weaker showing from its China associates and t…

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