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Wilmar posts 10.7% jump in Q3 profit

Revenue 4.3% higher at US$11.6b, supported by higher sales volumes across all segments

Anita Gabriel

Published Mon, Nov 12, 2018 · 09:50 PM

Singapore

AGRI-giant Wilmar International's net profit for the third quarter jumped 10.7 per cent to US$407.4 million from a restated US$368.1 million a year ago, led by better showing in tropical oils, and oilseeds and grains businesses.

An added boost to the bottom line came from the higher share of results of affiliates and a slight improvement in the sugar business, said Wilmar in its results announcement.

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