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