SINGAPORE (Feb 22): Wilmar International saw its earnings fall 23.8% to US$427.5 million ($564.6 million) for the 4Q ended December, from US$560.8 million a year ago.
This brings full year earnings to US$1.22 billion for FY17, some 25.4% higher than FY16 earnings of US$972.2 million.
Excluding the gains from the group’s investment portfolio, core net profit was lower for the quarter at US$373.9 million.
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