News

Agribusiness

Gerv Tacadena

, Singapore

Published:

9 years ago

Wilmar's outlook still bright despite looming hiccups

Its planned listing on China could unlock new streams of growth.

Based on historical trends, the second quarter of the year is seasonally the weakest quarter for Wilmar.

According to UOB Kay Hian, Wilmar’s earnings ratio for 1H and 2H is circa 40%:60%.

"1Q17 results accounted for only 23% of full-year estimates, and we are expecting 2Q17 performance to be unexciting, due to the weaker contribution from oilseeds & grains division due seasonally lower sales volume, and the weaker contribution from sugar division as sugar milling activity in Australia should only start contributing from 2H17 onwards," UOB KayHian explained.

However, this should not dampen the long-term outlook for the group, as its potential listing of its China operations could help to unlock group value and also result in stable long-term growth of its key businesses.

"We are expecting net profit growth of 36% yoy for 2017, supported by steady contributions from all three divisions on the back of higher sales volume and steady prices," the brokerage firm said.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia

Top News

Daily Markets Briefing: STI up 0.33%; Top stock is DFI Retail

DFI Retail is the top stock with a 2.98% increase.

Stocks

1 hour ago

Golden Mile Tower strata cinema enters market at $31m

It has a strata area of 104,991 sq. ft.

Commercial Property

19 hours ago

Maritime market to hit $24.47b by 2031 as automation reshapes ports

Tuas Port eyes 65 million TEUs of annual capacity by the 2040s.

Shipping & Marine

19 hours ago

Balestier Centre launched for $180m collective sale

It will have no land betterment charge payable.

Commercial Property

19 hours ago

Exclusives

Singapore, Hong Kong take rival paths to capture global gold trade

One builds MAS-backed vaulting for central banks, the other opens a pipeline to Shanghai.

40 minutes ago

Monday.com picks Singapore for Southeast Asia expansion

Its in-house designers created Singapore-inspired artwork in the company's colors.

3 days ago

Tsuklio targets dual-income families in Singapore expansion

The Japanese meal subscription platform logged 3,000 pre-registrations before launch.

Food & Beverage

5 days ago

Firms cut senior hiring costs with fractional executives

$Firms cut senior hiring costs with fractional executives$

Firms cut senior hiring costs with fractional executives

Companies report 50% to 70% lower costs than full-time senior hires.

HR & Education

6 days ago

Event News

Co-Written / Partner Finweek KL 2026: Where European capital meets ASEAN scale

The premier EU–ASEAN institutional fintech summit brings 1,000+ delegates to PARKROYAL Collection Kuala Lumpur on 11 to 13 November 2026 for three days of cross-border deal-making.