, Singapore

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.

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