- Wilmar reported 1H25 core net profit of US$584m (+5% h-o-h, -4% y-o-y) – deemed in line with expectations at 38%/42% of our and consensus forecasts whereby 2H tends to be the stronger half of the year for the group. For 2Q25, core net profit came in lower at US$241m (-30% q-o-q, -13% y-o-y).
Group 1H25 PBT rose 33% y-o-y.
- - Read this at SGinvestors.io -
- Despite the higher profit before tax (PBT), Wilmar's core net profit was comparatively flattish due to a higher-than-usual tax expense and effective tax rate.
- - Read this at SGinvestors.io -
- Wilmar's dividends declared for 1H25 however came in lower at US$0.04 (1H24: US$0.06).
Some other key highlights are:
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