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Analysts expect to see q-o-q improvement in Wilmar's 2QFY2022 results following 'decent' 1QFY2022

Felicia Tan
Felicia Tan5/10/2022 05:59 PM GMT+08  • 8 min read
Analysts expect to see q-o-q improvement in Wilmar's 2QFY2022 results following 'decent' 1QFY2022
All analysts have kept their "add" or "buy" calls on Wilmar International.
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Analysts are positive on Wilmar International after the agribusiness giant reported earnings and revenue growth for the 1QFY2022 ended March.

On April 29, Wilmar International posted net profit of US$530.3 million ($737.6 million) for the quarter, up 17.8% y-o-y.

Core net profit grew by 18.8% y-o-y to US$503.4 million, while revenue increased by 23.2% y-o-y to US$17.58 billion.

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