For the 2Q20 ended June, Wilmar International recorded earnings of US$386.6 million ($530.8 million), 156.2% higher than the US$150.9 million a year ago.

Correspondingly, the group registered earnings of US$610.9 million for 1H20, up 49.8% from the US$407.9 million in 1H19.

The higher earnings came about on the back of improved contributions across all of the group’s core segments, particularly the feed and industrial products segment, which recorded a 104.9% y-o-y surge in profit to US$370.8 million for 1H20.

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