- Wilmar International (SGX:F34) reported 1Q25 core net profit of US$343m (+4% y-o-y, -2% q-o-q), which is deemed in line with expectations, accounting for 23%/24% of our and consensus full-year forecasts respectively.
1Q25 earnings lower q-o-q but higher y-o-y.
- - Read this at SGinvestors.io -
- In addition, Wilmar also recognised a higher share of JV/associate profits attributed to its China, India and Southeast Asia investments.
Operating cash flow also rose 16% y-o-y
- - Read this at SGinvestors.io -
- Some other key highlights are:
Food products:
- Overall sales volume increased 2.5% y-o-y, with both consumer products and medium pack & bulk sales volume growing by 3.3% and 2.2% y-o-y respectively in 1Q25.
Plantations & sugar milling:
- Read more at SGinvestors.io.
