Wilmar International

Broker's Calls

Wilmar could see 2018 earnings forecasts upgrade by up to 10%, says UOB Kay Hian

SINGAPORE (Nov 13): UOB Kay Hian is keeping its “buy” call on agribusiness group Wilmar International with an unchanged target price of $3.90, but says 2018 earnings forecasts could be upgraded by 8-10% after Wilmar’s 3Q18 results briefing later thi

Results

Wilmar reports 10.7% rise in 3Q earnings to $564 mil on better Tropical Oils and Oilseeds & Grains results

SINGAPORE (Nov 12): Wilmar International, the agribusiness group, reported an 10.7% increase in 3Q earnings to US$407.4 million ($564 million) from a year ago.

3Q likely to be another solid quarter for Wilmar: UOB

SINGAPORE (Oct 18): UOB KayHian expects another solid quarter for Wilmar International, supported by the oilseeds & grains and palm & lauric oils divisions.

Commodities

The 6 biggest SGX-listed agriculture stocks are beating global benchmarks

SINGAPORE (Sept 4): Six of the biggest agriculture-focused stocks listed on the Singapore Exchange (SGX) are beating global agriculture benchmarks so far this year, according to data from Bloomberg and SGX.

Commodities

Wilmar scoops up rival Bunge's sugar trading operations

SINGAPORE (Aug 22): Singapore-based agribusiness Wilmar International has scooped up the sugar trading book of rival Bunge for an undisclosed amount, the companies said on Wednesday.

Broker's Calls

Biodiesel and EU demand to drive higher margins for Wilmar

SINGAPORE (Aug 15): Agribusiness group Wilmar International remains RHB Research’s “top pick” in the regional plantation sector.

Results

Wilmar shares up 3.8% as 2Q earnings surge more than fivefold

SINGAPORE (Aug 14): Shares in Wilmar International are up 12 cents at $3.25 at 10.30am with 6 million units traded after the agribusiness group announced 2Q18 earnings surged more than five times to US$316.4 million ($435.3 million) from a year ago.

In print this week

How the trade war has impacted our portfolio this year

SINGAPORE (Aug 10): The trade war has become a reality as the US and China have imposed 25% tariffs on each other’s products worth US$34 billion ($46.4 billion) each.

In print this week

Buzzword? ESG is now the byword for sustainable investing

SINGAPORE (July 27): In 2012, local palm oil producers Wilmar International and Golden Agri-Resources experienced first-hand the importance of strong environmental, social and governance or ESG ratings. Norges Bank Investment Management, the asset managem

Commodities

Wilmar refutes deforestation allegations; reiterates independence from scandal-hit Gama Corp

SINGAPORE (July 5): Wilmar International says it will be strengthening and reaffirming its commitment towards its No Deforestation, No Peat and No Exploitation (NDPE) Policy, following news of the resignation of co-founder Martua Sitorus and Indonesia hea
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