Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Wilmar International ( (SG:F34) ) just unveiled an announcement.
Wilmar International’s subsidiary, Yihai Kerry Arawana Holdings Co., Ltd, reported its financial results for FY2024, showing a 5.03% decrease in revenue compared to FY2023. Despite the decline in revenue, operating profits and profit before tax increased by 7.03% and 7.05% respectively, indicating improved operational efficiency. However, profit attributable to owners of the company fell by 12.14%, and earnings per share dropped by 13.21%, reflecting challenges in maintaining profitability amidst declining revenues.
More about Wilmar International
Wilmar International Limited is a Singapore-based company operating primarily in the agribusiness sector. It focuses on palm oil cultivation, oilseed crushing, edible oils refining, sugar milling, and other related agricultural products and services. The company has a significant presence in Asia, particularly through its China subsidiary, Yihai Kerry Arawana Holdings Co., Ltd, which is listed on the Shenzhen Stock Exchange ChiNext Board.
YTD Price Performance: -3.88%
Average Trading Volume: 87,051
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $15.17B
See more data about F34 stock on TipRanks’ Stock Analysis page.
