- Wilmar (SGX:F34)’s 4Q25 results are within expectations. Investors are focusing more on its earnings recovery now, and valuations may have bottomed out.
- For FY26, we expect earnings growth at the consumer unit to be offset somewhat by lower crushing margins.
4Q25 core profit dropped 6% q-o-q.
- - Read this at SGinvestors.io -
- Wilmar declared a final dividend of 10 cents, bringing FY25 Wilmar's dividends to 14 cents, or a core net payout of 70% and yield of 4%.
Food products sales volume dipped 0.8% q-o-q.
- - Read this at SGinvestors.io -
- Wilmar expects sales volumes to grow by a single digit in FY26F, although the demand for flour and rice could be higher.
Sales volumes for the feed and industrial divisions fell 7.2% q-o-q.
- Read more at SGinvestors.io.
Above is an excerpt from a report by RHB Securities Research.
Clients of RHB may be the first to access the full PDF report @ https://www.rhbtradesmart.com/.
Singapore Research RHB Securities Research | https://www.rhbgroup.com/ 2026-03-02
Read also RHB's most recent report:
2026-05-04 Wilmar International - Hedging Losses Amid Volatile Trading Environment.
Previous report by RHB:
2026-04-30 Wilmar International - Prospects Most Affected By Geopolitics.
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
