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For 1HFY2026 ended June 30, agribusiness Wilmar International has reported a 2.3% rise in patmi to US$609 million on revenue of US$38.5 billion, which is 17.2% higher y-o-y. The company declared an interim dividend of five cents which was 25% higher than the previous corresponding period
Wilmar business still strong but China side slowing down a bit lately. This one stock like defensive play lah if you want collect dividend while waiting for the commodity cycle to turn.
Wilmar contribution really get hammered by that China slowdown but the dividend yield still solid enough to act as a safety net. Just treat this like a long term bond proxy while you wait for the commodity prices to cycle back up.