wilmar international
Asean’s biodiesel push fuels palm oil rally, but will SGX-listed players gain?
Higher crude palm oil prices support upstream plantation earnings, but could be a double-edged sword for integrated operators: analysts
Wilmar shares fall 5.7% as hedging losses from Iran war weigh on results
Q1 profit down 22.8% at US$265 million; company cites temporary unrealised mark-to-market losses from hedging
Wilmar posts 22.8% fall in Q1 net profit to US$265.6 million amid volatile commodity prices
Operating conditions for year depend on developments in global trade policies, says company
Wilmar sees limited impact from Middle East conflict, cites indirect cost pressures
It says the ‘certain indirect impact’ takes the forms of higher freight, insurance and fertiliser costs
‘Iran conflict impact mixed’: Maybank Securities upgrades Wilmar to ‘buy’ on constructive outlook, despite headwinds
The brokerage lifts its target price by 23.4% to S$3.85
‘Double-edged sword’: Wilmar, Golden Agri may face margin squeeze from Iran war, but upstream players could gain
With surging crude oil shortage and rising prices, biodiesel demand expected to rise
Wilmar’s Indonesian executive gets 6-year jail term, fine over bribing judges
However, Muhammad Syafei is not found guilty of money laundering
Wilmar posts 38.3% H2 earnings surge, trims dividend; 2026 to ‘remain challenging’
Its total payout per share of S$0.14 is down slightly from S$0.16 a year earlier
Firmer palm oil prices lift SGX agri stocks ahead of H2 results, but Indonesia risks cloud outlook
Market watchers expect the strong streak from earlier in FY2025 to continue, but individual companies face potential downside risks
Aletheia Capital downgrades Wilmar to ‘sell’, cuts target to S$2.50 on legal woes
China contributes more than half of the agribusiness group’s earnings