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Wilmar posts 26% rise in 1Q earnings to $351 mil on improvements in tropical oils and sugar segments

Samantha Chiew
Samantha Chiew5/10/2019 05:47 PM GMT+08  • 2 min read
Wilmar posts 26% rise in 1Q earnings to $351 mil on improvements in tropical oils and sugar segments
SINGAPORE (May 10): Wilmar International reported 1Q19 earnings came in at US$257.0 million ($350.5 million), 26.4% higher than the US$203.3 million recorded in 1Q18.
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SINGAPORE (May 10): Wilmar International reported 1Q19 earnings came in at US$257.0 million ($350.5 million), 26.4% higher than the US$203.3 million recorded in 1Q18.

The stronger bottom line was driven by better results in the Tropical Oils and Sugar segments.

Tropical Oils benefitted from improved margins and sales volume in its manufacturing and merchandising businesses.

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