Wilmar Q3 core profit falls 25.2% on higher costs, weaker margins

Key facts

• Core net profit fell 25.2% to $267.3 million in Q3 2026.
• Revenue rose 13.6% to $21.7 billion.
• Weaker soybean crushing margins and higher raw material costs were key factors.
• The feed and industrial products segment faced the greatest pressure.
• Profitability was also affected by weaker performance at joint ventures, particularly in China's soybean crushing sector.

Singapore-based agribusiness company Wilmar International reported a 25.2% year-on-year decline in core net profit in the third quarter of 2026, falling to $267.3 million from $357.2 million. The main factors were weaker soybean crushing margins, rising raw material costs and disruptions to global supply chains. Revenue increased by 13.6% to $21.7 billion. The company's feed and industrial products segment faced the greatest pressure, while food products sales increased by 11.9%. Profitability was also affected by weaker performance at its joint ventures, particularly in China's soybean crushing sector.