Revenues flat but earnings up, positive and decent results in line with expectations.
Over the last 2 years Wilmar's stock price has taken a beating, currently its showing signs of stabilizing. So the worst may be over.
Extract from JP Morgan research report.
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If you are looking for some exposure into cyclical counters like commodities, I think Wilmar is one of the better counters to hold as compared to Olam or Golden Agri....