Wilmar International shares fall after weak first-quarter earnings

6 articles · Updated · MarketWatch · Apr 30

Shares dropped as much as 4.4% to S$3.66 after Wilmar reported a 23% decline in core net profit to US$264.2 million for Q1, citing hedging losses from the Iran conflict.
The company attributed the losses to temporary unrealized mark-to-market impacts from hedging activities, expecting a reversal in coming quarters as physical transactions settle.
Wilmar also reported weaker contributions from associates and joint ventures across China, Europe, and Southeast Asia, with analysts awaiting further clarity on the losses at the upcoming results briefing.

Are Wilmar's 'temporary' hedging losses masking deeper, unresolved problems within the company?

Amidst billion-dollar fines, are Wilmar's governance failures a bigger threat than market volatility?

Can Southeast Asian industries survive China's economic pressure amid soaring war-driven inflation?

How will the conflict's impact on fertilizer and fuel costs affect global food security in 2026?

How is the ongoing Iran war fundamentally reshaping global supply chains for food and energy?