The improvement in food products segment results was largely aided by better performance in China’s oil, flour and rice businesses, and was further supported by steady sales volume growth during the quarter.
Wilmar International has reported a net loss of US$347.7 million ($451.36 million) in 3QFY2025 ended Sept 30, as a result of an IDR11.9 trillion payment to the Indonesian Supreme Court after it overturned its acquittal on a graft case that took place in 2021.
However, core net profit improved 71.6% y-o-y to US$357.2 million for the quarter on the back of stronger operational results across all core segments, coupled with higher contributions from its joint ventures and associates.
