Three reasons why the worst could be over for Wilmar

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SINGAPORE (Sept 13): Agribusiness group Wilmar International found itself crushed in 2Q19 by the African swine fever outbreak, which hit demand for soybeans.

For the 2Q19 ended June, Wilmar posted a 52.3% drop in net profit from continuing operations to US$150.9 million (S$209.5 million).

But market watchers continue to favour Wilmar as a top pick in the plantation sector.

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