Wilmar International - UOB Kay Hian 2024-11-06: Recovery Is On, But Uncertainty Ahead

Analyst briefing review.

• - Read this at SGinvestors.io -
• Based on our revised earnings from our previous note (Wilmar International - 3Q24 Results Below Expectations), we expect a core net profit of US$340m-350m for 4Q24. Though 4Q profit is typically lower than that of 3Q’s due to seasonal factors, the following segmental highlights point to a better quarter ahead:

Food products: Expect gradual growth.

• Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Read also UOB's most recent report:
2025-04-30 Wilmar International - Recovery Seen At China Operations.

Previous report by UOB:
2025-02-24 Wilmar International - Anticipating A Better Year From China; Upgrade To BUY.

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