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Wilmar International Reports 25.2% Drop in Third-Quarter Core Net Profit

Wilmar said weaker performance in its food and feed and industrial products segments, alongside higher raw material costs, weighed on profit.

F34

Singapore-listed Wilmar International SGX:F34 reported a 25.2% fall in third-quarter core net profit on Wednesday, weighed down by weaker performance across its food and feed & industrial products segments on the back of higher raw material cost.The company, one of the world's largest food producer…