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Wilmar shares down 6.4% on bleak tropical oil profits

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Published Fri, Aug 11, 2017 · 09:50 PM

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Singapore

SHARES of Singapore's Wilmar International Ltd, the world's largest palm oil processor, fell as much as 6.4 per cent to a nine-month low on Friday, a day after the company reported a plunge in profits from its tropical oil business.

By the end of the trading day, Wilmar shares closed down 6.4 per cent, or 22 Singapore cents, at S$3.20. It was among Friday's top 20 losers.

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