Wilmar looks to rice and flour to offset soybean business weakness

16 May 2018 - Singapore Business Review
It is looking to grow its rice and flour segment, which accounts for 10% of the oilseeds and grains. The first quarter of 2018 was like a drought for Wilmar International as its profits were down by 40.6% to $203.28m. The company blamed the difficult operating environment in tropical oils businesses ...
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Wilmar International Q1 profit crashed 40.6% to US$203.28m

11 May 2018 - Singapore Business Review
It blamed the operating difficulties in its Tropical Oils business and seasonal sugar losses. Wilmar International's profits wilted in the first quarter of 2018 and fell 40.6% from US$341.98m last year to $203.28m. Revenue, however, jumped 5.7% from US$10.57b to US$11.17b. According to its financial ...
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What You Must Know About Wilmar International Limited’s (SGX:F34) Financial Strength - Simply Wall St

13 Apr 2018 - Simply Wall St

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How will Wilmar fare against hefty China soybean tariffs?

5 Apr 2018 - Singapore Business Review
The company is the second largest soybean crusher in China. Agribusiness company Wilmar may need to brace itself for a slowdown as China recently imposed a 25% tariff on US-imported soybeans in response to growing trade tensions, according to RHB Research. This comes as China retaliated by imposing a ...
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Wilmar buys 50% of investment holder from Olam for $194.35m

22 Mar 2018 - Singapore Business Review
Following the acquisition, Nauvu Investments is now a wholly-owned subsidiary of Wilmar. Wilmar International’s subsidiary Wilmar Resources Pte Ltd (WRPL) bought a 50% equity interest in Nauvu Investments Pte. Ltd. (Nauvu) from Olam International Limited for a price of $194.35m (US$148m). According to ...
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Estate operator allows workers to keep their passports

17 Mar 2018 - The Star Online
KOTA KINABALU: Plantation workers of Wilmar International Limited’s estates in Lahad Datu have the liberty to keep their own passports. Previously, they needed to wait at least a day before they could get their passports from employers if they wished to head to the town or other places. The management ...
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Is Wilmar International Limited (SGX:F34) An Attractive Dividend Stock? - Simply Wall St

16 Mar 2018 - Simply Wall St

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PPB expects Wilmar to continue to support its financial performance

3 Mar 2018 - The Star Online
KUALA LUMPUR: Diversified PPB Group Bhd expects contributions from agri-based Wilmar International Ltd to continue to support the company's financial performance this year. PPB managing director Lim Soon Huat said for financial year ended Dec 31, 2017 (FY17), Wilmar’s contributions helped boost the group's ...
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PPB expects Wilmar to continue support its financial performance

2 Mar 2018 - The Star Online
KUALA LUMPUR: Diversified PPB Group Bhd expects contributions from agri-based Wilmar International Ltd to continue to support the company’s financial performance this year. PPB managing director, Lim Soon Huat, said for financial year ended Dec 31, 2017 (FY17), Wilmar’s contributions helped boost the ...
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Wilmar eyes China expansion

1 Mar 2018 - Singapore Business Review
Management intends to further expand its businesses in rice, flour and related consumer products. Wilmar is expected to list its Chinese operations by early 2019 after ending the current financial year. According to UOB Kay Hian, the firm is looking to float only 10% of its shares, and then slowly increase ...
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