Wilmar Q3 net profit rises 20% to US$536.6m; proposes special dividend for successful YKA listing

Singapore

MAINBOARD-listed agri-business group Wilmar International posted a 20 per cent rise in net profit for the third fiscal quarter ended September to US$536.6 million from US$447.1 million in the year-ago period.

Wilmar's core net profit came in at US$501.4 million, some 19.6 per cent higher than US$419.2 million last year.

This was also the group's highest third quarter core net profit figure since its listing, it told shareholders in a bourse filing on Friday.

Revenue for the quarter rose 19.3 per cent to US$13.32 billion from US$11.16 billion in the …

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