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Wilmar Intl
Last:4.09
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Wilmar - Watch for a Strong Rally to Come!
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Everyday
Master |
05-Aug-2022 20:03
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Sorry.Yes 4.22 to 4.25
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CheeryVGoh
Supreme |
05-Aug-2022 19:09
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Should read as $4.22 to $4.25.
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Everyday
Master |
05-Aug-2022 17:49
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Share buy back 405.5k at bet 1.22 to 1.25.  | ||||
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Maxgrow68
Elite |
05-Aug-2022 14:47
Yells: "Right and Kind. Choose Kind then you are always Right !" |
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Lighten the load abit.  Still hold on to some..
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newbieliu
Elite |
05-Aug-2022 14:36
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So fast unload ?! I am waiting about $5
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Maxgrow68
Elite |
05-Aug-2022 14:20
Yells: "Right and Kind. Choose Kind then you are always Right !" |
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Today she v strong shot up 15c to 4.28 now. Will it rise further to 4.30 and above? Vested but order filled to unload at 4.27/8. Continue to Huat Arh!   |
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Everyday
Master |
05-Aug-2022 11:01
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WILMAR REPORTS RECORD NET PROFIT OF US$1.16 BILLION FOR 1H2022 - 2Q2022 core net profit more than doubled to US$652.1 million - Improved performance across all key businesses - Generated US$222.0 million cash inflow from operating activities in 2Q2022 - Proposed interim tax-exempt dividend of S$0.06 per share, the highest interim dividend since listing   |
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Everyday
Master |
05-Aug-2022 10:47
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Uptrend | ||||
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actan99
Veteran |
05-Aug-2022 09:33
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Better rocket now.  Shorts run road liao.  |
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tongphlp
Supreme |
05-Aug-2022 08:42
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See how the share price performs today ya..
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newbieliu
Elite |
05-Aug-2022 05:54
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If it still not move much today I Will buy again ! 3 lot lol I hv 15 lots now mmm average it a bit
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DuplexCH
Member |
04-Aug-2022 18:08
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Time to reach previous heights of $5.50
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CheeryVGoh
Supreme |
04-Aug-2022 17:57
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Wilmar International has reported record earnings of US$1.16 billion ($1.61 billion) for the 1HFY2022 ended June, 55.8% higher than earnings of US$750.9 million in the same period the year before. This is the first time the group has surpassed US$1 billion in its first-half earnings since its listing in 2006. The company attributes the record figure to an improved performance across all of its key business segments, as well as higher contributions from its associates and joint ventures.  
Excluding gains from non-operating items, Wilmar&rsquo s core net profit for the 2QFY2022 more than doubled to US$652.1 million from 2QFY2021&rsquo s core net profit of US$308.5 million. Earnings per share (EPS) for the 1HFY2022 improved by 55.8% y-o-y to 18.5 US cents on a fully diluted basis. See also:  Hong Leong Finance maintains 1HFY2022 earnings at $45.1 million  
Revenue for the 1HFY2022 grew by 22% y-o-y to US$36.13 billion in line with the higher commodity prices during the period. The higher revenue was also attributable to the higher sales volume in food products and feed and industrial products sold during the period. Correspondingly, cost of sales increased by 23.8% y-o-y to US$32.44 billion. Segmentally, food products reported a pre-tax profit of US$520.5 million in the 1HFY2022, up by 22% y-o-y. This was mainly due to the gains on dilution of interest in India-listed Adani Wilmar, as well as the upward price adjustments made by the group in the 2QFY2022 to mitigate the impact of the higher commodity prices.  
Feed and industrial products saw pre-tax profit improve by 5% y-o-y to US$502.7 million due to the recovery of crushing margins and higher volume of soybeans crushed in the 1HFY2022. The &ldquo prudent procurement&rdquo of feedstock also contributed to the higher pre-tax profit. The pre-tax profit was, however, offset by weaker sugar merchandising activities in the same period.   Plantation and sugar milling saw pre-tax profit more than double to US$435.8 million in the 1HFY2022 from US$164.0 million on the back of higher palm prices and better performance by the sugar milling operations in India. The higher pre-tax profit was also contributed by the 3% y-o-y growth in fresh fruit bunches production of 2.13 million metric tonnes (MT) for the oil plantation business. The improvement in production was mainly from Indonesia, due to better weather conditions and crop profile. The others segment, which includes logistics and jetty port services and investment activites, saw pre-tax profit plunge by 73.6% y-o-y to US$2.3 million mainly from investment income from the group&rsquo s investment portfolio. Joint ventures and associates improved by 10% y-o-y to US$153.1 million in the 1HFY2022 mainly due to better contributions from the group&rsquo s investments in Europe and Southeast Asia. As at June 30, Wilmar&rsquo s net tangible asset (NTA) per share fell by 0.3% y-o-y to US$3.16.  
According to the group, the higher commodity prices led net debt to increase, resulting in a higher gearing ratio of 0.99x as at June 30, from 0.87x as at Dec 31, 2021. Cash and cash equivalents stood at US$3.42 billion. The group has proposed an interim dividend of 6 cents, payable on Aug 24. For more stories about where money flows,  click here for Capital Section Kuok Khoon Hong, chairman and CEO of Wilmar said he believes the group&rsquo s business model will &ldquo continue to help us achieve long term sustainable growth&rdquo . In his statement, Koh said that the group is &ldquo fortunate to be in the agri-processing business as the demand for food products is less impacted by slowing economies as compared to other industries&rdquo . &ldquo The recent corrections in commodity prices will hopefully restore some of the demand destroyed by high prices and improve margins in the downstream business. At the same time, whilst palm oil prices have fallen from their peak in 2QFY2022, they remain higher than the pre-Covid period, thus mitigating the effects on oil palm plantation performance,&rdquo he says. &ldquo Barring unforeseen circumstances, we are optimistic that performance for the rest of the year will be satisfactory,&rdquo he adds. Shares in Wilmar closed 2 cents higher or 0.49% up at $4.13 on Aug 4. |
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latentalent
Member |
04-Aug-2022 17:44
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WILMAR REPORTS RECORD NET PROFIT OF US$1.16 BILLION FOR 1H2022 - 2Q2022 core net profit more than doubled to US$652.1 million - Improved performance across all key businesses - Generated US$222.0 million cash inflow from operating activities in 2Q2022 - Proposed interim tax-exempt dividend of S$0.06 per share, the highest interim dividend since listing https://links.sgx.com/FileOpen/Wilmar_1H2022_Result_News_Release.ashx?App=Announcement& FileID=726137   |
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1noobz1
Member |
04-Aug-2022 14:55
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https://economictimes.indiatimes.com/markets/stocks/earnings/adani-wilmar-q1-results-profit-rises-10-yoy-to-rs-194-crore-revenue-up-30/articleshow/93323003.cms hopefully announcing dividend > SGD0.05 |
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1noobz1
Member |
04-Aug-2022 10:20
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release of results is always informed beforehand. you can find such information on their official website. https://www.wilmar-international.com/ https://www.wilmar-international.com/docs/default-source/default-document-library/highlights/sgx-announcements/2022/2022-06-28_notification-of-1h2022-results-release.pdf?sfvrsn=357cb697_0 after trading hours today |
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actan99
Veteran |
04-Aug-2022 09:25
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anyone knows when earnings ? thanks in advance.  | ||||
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tongphlp
Supreme |
03-Aug-2022 18:07
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er...
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vivacious
Supreme |
03-Aug-2022 17:41
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wonder if sub 4 still possible
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tongphlp
Supreme |
03-Aug-2022 16:32
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huat ah!
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