Wilmar swings into black in Q2 with US$60.2m profit
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Singapore
A RECOVERY in the oilseeds and grains business and gains from investment securities fuelled a better second quarter showing for Wilmar International.
Led by higher non-operating gains on the back of stronger equity markets, Wilmar swung to the black for the three months to June with a net profit of US$60.2 million from a loss of US$220.1 million a year ago.
