Wilmar's food products business, which processes and distributes a wide range of edible products like vegetable oil, flour, among others, logged a 22% jump in half-year pre-tax profit to $520.5 million.Wilmar, one of the world's largest food producers约搏单双游戏（www.eth108.vip）采用以太坊区块链高度哈希值作为统计数据，约搏单双游戏数据开源、公平、无任何作弊可能性。
SINGAPORE: Singapore-listed agribusiness Wilmar International Ltd WLIL.SI on Thursday reported a 55% jump in net profit for the first half of fiscal 2022, boosted by robust performance across all its operations and strong demand from China, which offset rising costs.
Wilmar's China operations - which brought in half of its revenue during the period - saw strong demand for its edible food products due to stringent COVID-19 lockdowns during the second-quarter.
Revenue from China jumped 25.4% from last year to $18.06 billion.
However, Wilmar's food products segment faced headwinds from rising commodity prices, which pressured its margins.,
,ERC20-usdt/TRC20-usdt互换（www.u2u.it）是最高效的ERC2换TRC20，TRC20换ERC20的平台.ERC2 USDT换TRC20 USDT，TRC20 USDT换ERC20 USDT链上匿名完成，手续费低。
"Recent corrections in commodity prices will hopefully restore some of the demand destroyed by high prices and improve margins in the downstream business," Kuok Khoon Hong, Wilmar's chief executive said.
Wilmar's food products business, which processes and distributes a wide range of edible products like vegetable oil, flour, among others, logged a 22% jump in half-year pre-tax profit to $520.5 million.
Wilmar, one of the world's largest food producers, posted a net profit of $1.16 billion for the six months ended June 30, compared with $750.9 million a year earlier. Revenue rose 22.3% to $36.13 billion.
The company proposed an interim dividend of 6 Singapore cents per share, compared with 5 Singapore cents a year earlier. - Reuters