SINGAPORE (Feb 23): Although the ongoing Covid-19 virus has posed challenges for companies in almost all industries, Wilmar International appears to be in a strong place for the long-term. 

The group posted earnings of US$438.4 million ($613.7 million) for 4QFY0219 ended December, some 120% higher than earnings of US$199.4 million a year ago. As a result, full-year earnings was lifted to US$1.3 billion, some 15% higher than US$1.1 billion in FY2018. 

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook