Wilmar International (WIL)

Wilmar to dispose 30.05% stake in sugar production business for $813.2 mil - THE EDGE SINGAPORE

M&A

Wilmar to dispose 30.05% stake in sugar production business for $813.2 mil

The group has also acquired more shares in Morocco-incorporated Wilmaco and Saudi company Durrah Advanced Development.
Analysts lower Wilmar’s TP on lower earnings estimates - THE EDGE SINGAPORE

Broker's Calls

Analysts lower Wilmar’s TP on lower earnings estimates

Wilmar will release its 2QFY2023 results on Aug 11.

Results

Wilmar says 1QFY2023 results were ‘satisfactory’, core net profit declines 24.1% y-o-y to US$381.9 mil

The results were deemed “satisfactory” by the group despite the uncertain macro-economic outlook at the start of the year.
×