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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

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The company said that its range of food products is likely to benefit from the containment of the coronavirus in China and the rebound of the Chinese economy, as well as pick-up in Asian countries where lockdown measures have eased.

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...

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