Wilmar International (SG:F34) has released an update.
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Wilmar International’s subsidiary, Yihai Kerry Arawana Holdings Co., Ltd., reported mixed financial results for the first half of 2024 with a significant 13.57% increase in profit attributable to owners despite a 7.78% drop in revenue and a substantial decline in net cashflow from operating activities by 84.76%. Earnings per share showed a positive uptick of 11.11%, reflecting a modest improvement in overall profitability.
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