Wilmar reports strong performance in net profit with US$1.4B for FY2025
This performance reflects resilience amid volatile commodity markets, driven by strong contributions from its core segments in food products, feed, industrial products, plantations, and sugar milling.
SINGAPORE – Wilmar International, the global agribusiness leader headquartered in Singapore, announced robust financial results for 2H2025, posting a net profit of US$816 million, contributing to a full-year FY2025 net profit of US$1.41 billion.
The performance contributed to a 24% increase in core net profit to US$693.9 million for the half year ended December 31, 2025 (“2H2025”) (2H2024: US$558.2 million), mainly due to strong performance from its Feed & Industrial Products segment.
The Group also enjoyed a higher share of results of joint ventures and associates during the period, mainly from its investments in China.
For the year ended December 31, 2025 (“FY2025”), core net profit improved by 10% to US$1.28 billion (FY2024: US$1.16 billion) while net profit improved by 21% to US$1.41 billion (FY2024: US$1.17 billion).
The FY2025 results cap a year of steady recovery for Wilmar, with revenue growth supported by higher sales volumes across consumer products, tropical oils, oilseeds, and grains.
In 2H2025, core net profit is likely to benefit from improved margins in soybean crushing, palm oil refining, and edible oils, boosted by abundant South American harvests and steady palm prices.
Food products sales volumes rose, with consumer brands in China and Southeast Asia showing particular strength in flour, rice, and specialty oils.
Feed and industrial segments saw volume increases of around 3-5% year-on-year, aided by livestock demand and efficient supply chains.
Wilmar’s Plantation & Sugar Milling division contributed positively in 2H2025, as higher palm oil prices and optimized milling operations offset seasonal factors.
Share of results of Joint Ventures & Associates improved by 5% to US$142.9 million (2H2024: US$136.7 million) on the back of better contributions from the Group’s investments in China.
For FY2025, the share of results of joint ventures and associates increased by 54% to US$339.4 million (FY2024: US$219.9 million), supported by better performance of the Group’s investments in 1H2025, especially from its investments in Asia. The Group maintained unutilized banking facilities exceeding US$35 billion, underscoring its liquidity position.
Looking ahead, Wilmar’s management expressed cautious optimism for 2026, citing resilient demand in key markets and strategic expansions in sustainable sourcing and plant-based innovations.
Mr. Kuok Khoon Hong, Chairman and CEO of Wilmar, said, “2025 was a challenging year for the Group… Geopolitical tensions, trade tariffs and evolving regulatory landscapes have required us to adapt our supply chain and business model. Operating conditions for 2026 are expected to continue to remain challenging. Barring unforeseen circumstances, we expect results for FY2026 to be satisfactory.”
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