Wilmar seen to boost PPB Group performance

PETALING JAYA: PPB Group Bhd looks poised to report record earnings for financial year 2022 (FY22) on the back of strong contributions from its associate company, Wilmar International Ltd.

Wilmar, which is listed on the Singapore Exchange, recently reported another record quarterly earnings for its third quarter (3Q) where core net profit rose 38.2% to US$796.7mil (RM3.8bil) from a year ago.