Wilmar Q2 profit surges on oilseeds and grains business [Reuters]
Archer-Daniels-Midland Company (ADM)
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Source: Reuters
Wilmar Q2 profit surges on oilseeds and grains business | Reuters Reuters Staff 1 Min Read SINGAPORE, Aug 13 (Reuters) - Singapore-listed commodity trader Wilmar International Ltd posted a five-fold rise in second-quarter net profit, helped by its oilseeds and grains segment that benefited from higher volumes and crush margins. The company, whose top shareholders include U.S. agricultural trader Archer Daniels Midland Co, reported a net profit of $316.4 million for the three months ended June, compared with $59 million a year earlier. Wilmar posted a core net profit, which excludes non-operating items, of $351.8 million, compared with $36.1 million a year earlier. (Reporting by Aradhana Aravindan; Editing by Gopakumar Warrier) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved. Wilmar Q2 profit surges on oilseeds and grains business SINGAPORE, Aug 13 (Reuters) - Singapore-listed commodity trade
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