Singapore's Wilmar posts 25% drop in third-quarter profit
28/10/2026 09:49
Singapore's Wilmar posts 25% drop in third-quarter profit Oct 28 (Reuters) - Singapore-listed Wilmar International WLIL.SI reported a 25.2% fall in third-quarter core net profit on Wednesday, weighed down by weaker performance across its food and feed & industrial products segments on the back of higher raw material cost.
The company, one of the world's largest food producers, said core net profit was $267.3 million for the three months ended September 30, compared with $357.2 million a year earlier.
(Reporting by Anjali Singh and Subhalakshmi Dey in Bengaluru; Editing by Subhranshu Sahu and Jochelle Mendonca)
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