SUBSCRIBERS

Wilmar Q3 net profit rises 20% to US$536.6m; proposes special dividend for successful YKA listing

Amount is group's highest Q3 core net profit since listing

 Uma Devi

Uma Devi

Published Fri, Oct 30, 2020 · 09:50 PM

    Singapore

    MAINBOARD-listed agri-business group Wilmar International posted a 20 per cent rise in net profit for the third fiscal quarter ended September to US$536.6 million from US$447.1 million in the year-ago period.

    Wilmar's core net profit came in at US$501.4 million, some 19.6 per cent higher than US$419.2 million last year.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Copyright SPH Media. All rights reserved.