Wilmar International Swings to Loss in Q3

MT Newswires

10/30

Wilmar International (SGX:F34) booked a net loss of $347.7 million during the third quarter, compared with a net profit of $254.4 million a year earlier, according to a Thursday filing with the Singapore Exchange.

Revenue jumped 7.4% year over year to $19.1 billion from $17.7 billion, driven by strong performance across food products and feed and industrial products.

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