Wilmar International's net profit grows 13.5% YoY in Q1

Revenue also increased by 3.3% to $20.9b (US$16b).

Wilmar International Limited reported a 13.5% year-on-year growth in net profit to $448.5m (US$343) for the first quarter of the year.

Revenue also increased by 3.3% to $20.9b (US$16b) on the back of strong performances across most segments.

The oilseeds and grains segment recorded the highest sales growth (13.8%) to $7.8m (US$6m) whilst sugar sales sank 41.5% to $2.4m (US$1.9m).

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