Wilmar sees stable earnings this year as Q4 profit rises 8.7%
Strong palm, laurics segment margins partly offset weakness in plantation, other businesses
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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