Wilmar Q2 Profit Drops 22% on Shrinking Palm Oil Margins
date:Aug 11, 2014
of pretax profit to US$107.1 million due to improved production yield and higher palm prices. In addition, the depreciation in regional currencies and lower fertiliser costs also contributed positively to the segment performance.

Production yield improved 28% to 5.3 MT per hectare as a result of better crop trend in Indonesia and Malaysia. Total fresh fruit bunches production increased 22% to 1,124,794 MT in 2Q2014.

Sugar reported a lower pretax loss of US$23.7 million compared to a pretax los
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