Wilmar International Subsidiary Reports Decline in 2024 Earnings
Company Announcements

Wilmar International Subsidiary Reports Decline in 2024 Earnings

Wilmar International (SG:F34) has released an update.

Wilmar International’s subsidiary, Yihai Kerry Arawana Holdings, reported a notable decline in its financial performance for the third quarter and the first nine months of 2024 compared to last year. Revenue dropped by 5.49% in Q3 and 6.93% in the nine-month period, while net profit plummeted by over 71% and 32% respectively. The challenging economic landscape has impacted earnings per share and return on equity, reflecting the broader market uncertainties.

For further insights into SG:F34 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Singapore Auto-Generated NewsdeskWilmar International Announces Board Changes
TipRanks Singapore Auto-Generated NewsdeskWilmar Subsidiary Reports Mixed First-Half Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App