Wilmar crashes in trading following profit woes
The stock headed for the lowest in over three years.
A Bloomberg report said, "Wilmar International Ltd., the world’s biggest palm-oil processor, headed for the lowest in more than three years in Singapore trading after it said second- quarter profit plunged 70 percent.”
Wilmar, according to Bloomberg, is the worst-performer on the benchmark Straits Times Index.
View the report here.