Wilmar: reports FY-2018 higher core net earnings

Singapore / SG. (wi) Wilmar International Limited, Asia’s leading agribusiness group, reported a 27 percent improvement in core net profit to USD 1.30 billion for the year ended December 31, 2018 (FY2018) (FY2017: USD 1.02 billion) despite a tough operating environment. The Group achieved better operating performance in all core segments, except the Palm Plantation and Sugar Milling businesses which were affected by low palm oil and sugar prices – the company said in its news release as follows (PDF | 118 KB):

20190304-WILMAR-Q4-2018.