Analysts are all positive on Wilmar International’s prospects after the group posted strong 2Q20 earnings of US$329 million ($451.7 million) on Aug 11.

See: Wilmar International 2Q20 earnings more than double y-o-y to US$386.6 mil

DBS Group Research analyst William Simadiputra, OCBC Investment Research’s Chu Peng, CGS-CIMB Research’s Ivy Ng, and RHB Research’s Juliana Cai have collectively maintained their “add” or “buy” calls on the counter.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook