Wilmar International H1 net profit grows 2.3% to $779.4m

Feed & Industrial Products' pre-tax profit jumps 55%.

Wilmar International Limited recorded a net profit of $779.4m (US$608.9m) for the six months ended 30 June 2026 (H1), up 2.3% from $761.5m (US$594.9m) a year earlier.

Revenue rose 17.2% to $49.36b (US$38.56b), mainly due to the consolidation of AWL Agri Business Limited’s results since December 2025 and higher selling prices across most products.

Profit before tax grew 12.8% to $1.36b (US$1.06b), whilst EBITDA rose 10.6% to $2.84b (US$2.22b).

The group attributed the improvement to stronger performances in its Feed & Industrial Products and Food Products segments.

Food Products posted a 56% increase in pre-tax profit to $389.9m (US$304.6m) from $250.5m (US$195.7m), whilst segment volume climbed 19% to 19.4 million metric tonnes.

Excluding the impact of AWL’s consolidation in H1, overall volume and revenue would have grown by 2% to 16.6 million MT and by 8% to $19.89b (US$15.54b), respectively, the group said.

The Feed & Industrial Products segment saw pre-tax profit rise 55% to $756.5m (US$591m) from $488.4m (US$381.6m). Oilseeds and grains sales volume grew 6% to 14.9 million metric tonnes.

In contrast, Plantation & Sugar Milling pre-tax profit fell 32% to $176.3m (US$137.7m) from $258.6m (US$202m), mainly due to weaker sugar prices and a $31.6m (US$24.7m) impairment loss on sugar milling assets in India.

Wilmar approved an interim tax-exempt dividend of $0.05 per share, up from $0.04 a year earlier. The dividend will be paid on 2 September.

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