Wilmar International Limited (F34) said the Indonesian Supreme Court has ordered five of its subsidiaries to pay penalties and compensation amounting to about 0.96 billion Singapore dollars in relation to an appeal by the Indonesian Attorney General’s Office.

Each subsidiary—PT Multimas Nabati Asahan, PT Multi Nabati Sulawesi, PT Sinar Alam Permai, PT Wilmar Bioenergi Indonesia and PT Wilmar Nabati Indonesia—was fined roughly 0.08 million Singapore dollars. In addition, the Court required payment of around 0.14 billion Singapore dollars for alleged profits, 0.13 billion Singapore dollars for State financial losses and 0.69 billion Singapore dollars for losses in the business and household sector.

Wilmar said the entire sum has already been deposited with the Indonesian Attorney General’s Office and will be transferred to the State Treasury. The company added that it “may apply for judicial review” of the decision.

As a result of the charges, the Wilmar Group expects to post a net loss for the quarter ending Sep, 30 2025, although it still anticipates remaining profitable for the full year ending Dec, 31 2025.

The company advised shareholders and potential investors to exercise caution when dealing in its shares.