Wilmar International delivers strong core profit and sales growth in 3Q 2025, offset by Indonesia Supreme Court compensation loss
Link: https://links.sgx.com/1.0.0/corporate-announcements/4ZFM737NK6RL0UQM/168a2d425a9b58f7d4084ad9a3711cfc15750c789fdcd27bd29b17b9e0538dfc
Summary:
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3Q 2025 core net profit surged 71.6% year-on-year to US$357.2 million, driven by stronger results in all core segments and higher joint venture contributions.
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Food Products segment saw improved performance in China’s oil, flour, and rice; feed and industrial products segment benefited from higher tropical oil and soybean volumes.
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Net loss of US$347.7 million in 3Q 2025 due to a US$712.3 million Supreme Court-mandated compensation paid in Indonesia over FY2021 cooking oil market actions.
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Overall sales volume for Food Products and Feed & Industrial Products rose 6.5% and 3.2% respectively; palm plantation business contributed positively.
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9M 2025 core net profit up 15.5% year-on-year to US$940.9 million; net profit of US$247.3 million despite sugar and soybean price softness.
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Net debt reduced to US$16.48 billion, with net gearing ratio improved to 0.82x; cash flows from operating activities reached US$3.94 billion for 9M 2025.
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Group remains cautiously optimistic for full-year performance, citing resilience in core businesses and stable palm oil prices.