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F34 - Wilmar International News Story

S$3.98 0.0  1.0%

Last Trade - 10:11am

Sector
Consumer Defensives
Size
Large Cap
Market Cap £14.37bn
Enterprise Value £31.07bn
Revenue £34.81bn
Position in Universe 81st / 5947

BRIEF-Wilmar International Posts QTRLY Net Profit $438.4 MLN

Thu 20th February, 2020 9:53am
Feb 20 (Reuters) - Wilmar International Ltd  WLIL.SI :
    * TOTAL DIVIDEND OF S$0.125 FOR FY2019
    * PROPOSED A FINAL TAX EXEMPT (ONE-TIER) DIVIDEND OF S$0.095
PER
SHARE
    * QTRLY REVENUE $11,250.4 MILLION VERSUS $11,190.3 MILLION
    * QTRLY NET PROFIT $438.4MLN VERSUS $199.4 MILLION
    * FOR NOW, DO NOT EXPECT MAJOR IMPACT TO BUSINESSES FROM
CORONAVIRUS
    * PROLONGED OUTBREAK OF COVID-19 MAY HAVE GREATER IMPACT ON
OPERATIONS
    * EXPECT CHINA LISTING TO BE APPROVED THIS YEAR EVEN THOUGH
IT MAY
BE SLIGHTLY DELAYED BY COVID-19 OUTBREAK
    * CHINA LISTING IS UNDERGOING APPROVAL PROCESS & PROGRESSING
WITHIN STANDARD TIME FRAME

Source text for Eikon:  ID:nSNZJzHZ3 
Further company coverage:  WLIL.SI 

 ((Reuters.Briefs@thomsonreuters.com;))
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