The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Wilmar's Q1 net profit jumps 51% to US$361.6 million

Earnings boosted by good performance in oilseeds & grains, tropical oils, and higher contributions from associates

Anita Gabriel

Anita Gabriel

Published Thu, May 11, 2017 · 09:50 PM
Share this article.

Singapore

BETTER showing at the oilseeds & grains and tropical oils divisions and higher contributions from associates fuelled a 51 per cent jump in Wilmar International's quarterly net profit to US$361.6 million from US$239.4 million a year ago.

Gains from the group's portfolio of investment securities owing to better equities markets also led to the improved showing in the first quarter.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here