SINGAPORE: Wilmar International, the world’s biggest listed palm oil plantation firm, reported disappointing quarterly results, weighed by its oilseeds business, sending its shares down more than 5%.
“The results were well below our expectations, mainly because of the loss in the oilseeds segment,” said Ben Santoso, an analyst at DBS Vickers. “We’re putting our forecast and target price under review.”
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!