Wilmar's earnings meet estimates, better 2H expected


analyst report

KUALA LUMPUR: Kenanga research said Wilmar International's 2Q19 core net profit came in broadly within expectations at US$111mil, which represents 40% and 38% of its and consensus full-year estimates respectively.

The research house maintained its underperform call on PPB Group Bhd with an unchanged target price of RM16.

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