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Wilmar's Q4 profit hit by US$139m impairment on Australian milling business

Singapore

IMPAIRMENT losses of US$139 million from Wilmar International's milling business in Australia, led by a slump in sugar prices, soured the agri-giant's earnings for the final quarter which more than halved to US$201 million from a restated US$427 million a year ago.

sentifi.com

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