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Wilmar sees stable earnings this year as Q4 profit rises 8.7%

Strong palm, laurics segment margins partly offset weakness in plantation, other businesses

Published Thu, Feb 12, 2015 · 09:50 PM

Singapore

WILMAR International said on Thursday net profit for the fourth quarter ended Dec 31, 2014, rose 8.7 per cent from a year ago, as stronger profitability in its mainstay - palm and laurics - partly offset weakness in its plantation segment, as well as oilseeds and grains business.

It also guided that its "integrated business model" should enable stable and resilient earnings this year.

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