Singapore's Wilmar International posts 4% rise in first-quarter profit

Reuters
29 Apr
Singapore's Wilmar International posts 4% rise in first-quarter profit

April 29 (Reuters) - Singapore-listed food conglomerate Wilmar International WLIL.SI reported a 4% rise in first-quarter profit on Tuesday, on better performance from both its food products and plantation and sugar milling segments.

The company, one of the world's largest food producers, said its core net profit for the three months ended March 31 was $343 million, up from $328.4 million reported last year.

(Reporting by Sherin Sunny and Manasi Dasa in Bengaluru; Editing by Eileen Soreng)

((Manasi.DasaSundeep@thomsonreuters.com;Sherin.Sunny@thomsonreuters.com;))

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