- Wilmar (SGX:F34)’s revenue rose 3.0% y-o-y to US$37.5b in 2H25, supported by stronger sales volume across most segments, with the exception of Sugar. PATMI rose 38.3% y-o-y to US$815.9m, supported by one-off non-core adjustments of US$103.8m (including a large re-measurement gain from changes in interest in AWL Agri Business Limited (AWL), partly offset by provisions).
Core PATMI improved in 2H25, led by Feed & Industrial Products and JV/associate contributions.
- - Read this at SGinvestors.io -
FY25 dividend lowered to S$0.14.
- - Read this at SGinvestors.io -
- Management attributed the lower dividend mainly to one-off non-core cash adjustments in FY25.
Feed & Industrial Products segment posted stronger performance in 2H25.
- Read more at SGinvestors.io.
Above is an excerpt from a report by OCBC Group Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.
Chu Peng OCBC Group Research | https://www.iocbc.com/ 2026-03-02
Read also OCBC's most recent report:
2026-05-05 Wilmar International - Mixed Outlook.
Price targets by 3 other brokers at Wilmar Target Prices.
Listing of research reports at Wilmar Analyst Reports.
Relevant links:
Wilmar Share Price History,
Wilmar Announcements,
Wilmar Dividend Payout Dates & Corporate Actions,
Wilmar News
