Wilmar’s latest acquisition to bolster earnings


UOBKH Research said the agribusiness group is expected to report core net profit ranging from US$330mil to US$340mil.

PETALING JAYA: The earnings for Singapore-listed Wilmar International Ltd in the fourth quarter of 2024 (4Q24) may come in below expectations, analysts say.

UOB Kay Hian Research (UOBKH Research) said the agribusiness group, which is slated to release its 4Q24 financial results on Feb 20, is expected to report core net profit ranging from US$330mil to US$340mil. This would be below the US$424mil reported for 4Q23.

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