InfoSAWIT, SINGAPORE – Agribusiness giant Wilmar International posted a core net profit of US$1.28 billion for FY2025, navigating a year marked by geopolitical tensions and regulatory shifts.

Chairman and CEO Kuok Khoon Hong emphasized that the company maintained strict governance standards despite external pressures and allegations, which management firmly denied.

“We will not risk decades of investment and reputation for unlawful gains,” he stated in the company’s annual report.

Wilmar recorded revenue of US$70.42 billion, supported by improved performance in the second half of the year. Total assets rose to US$65.64 billion, while shareholder funds reached US$21.87 billion.

The Feed and Industrial Products segment led growth, with profit before tax increasing to US$861 million, driven by stronger processing margins and sugar trading performance. Meanwhile, the Plantation and Sugar Milling segment benefited from higher palm oil prices but faced late-year pressure from weaker production due to weather conditions in Indonesia.

Looking ahead, Wilmar plans to adopt a more disciplined capital allocation strategy, focusing on efficiency and resilience amid ongoing global uncertainty. (T2)