With stronger sales across most of its business divisions, Wilmar's revenue for the half year ended Dec 31 2024 was US$36.4 billion, up 5.3% y-o-y, bringing total FY2024 topline to US$67.4 billion, a slight increase of 0.3% y-o-y.
Wilmar International has reported earnings of US$590.2 million for its 2HFY2024, down 39.4% y-o-y. This brings its full-year earnings to US$1.17 billion, down 23.3% y-o-y versus the preceding FY2023.
The bottomline in 2HFY2023 was distorted by a one-off gain of US$231 million from selling its associate company in Morocco.
