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OTCMKTS:WLMIY

Wilmar International (WLMIY) Stock Price, News & Analysis

$24.74
+0.55 (+2.27%)
(As of 04/18/2024 ET)
Today's Range
$24.28
$24.86
50-Day Range
$22.84
$26.65
52-Week Range
$22.49
$31.00
Volume
4,189 shs
Average Volume
3,588 shs
Market Capitalization
$15.44 billion
P/E Ratio
N/A
Dividend Yield
3.19%
Price Target
N/A
WLMIY stock logo

About Wilmar International Stock (OTCMKTS:WLMIY)

Wilmar International Limited operates as an agribusiness company in Singapore, South East Asia, the People's Republic of China, India, Europe, Australia/New Zealand, Africa, and internationally. The company operates through four segments: Food Products, Feed and Industrial Products, Plantation and Sugar Milling, and Others. The Food Products segment engages in the processing, branding, and distribution of a range of edible food products, including vegetable oils, sugar, flour, rice, noodles, specialty fats, snacks, bakery, and dairy products, as well as ready-to-eat meals and central kitchen products. The Feed and Industrial Products segment is involved in the processing, merchandising, and distribution of products, such as animal feeds, non-edible palm and lauric products, agricultural commodities, oleochemicals, gas oil, and biodiesel. The Plantation and Sugar Milling segment engages in the cultivation and milling of palm oil and sugarcane. The Others segment provides logistics and jetty port services, as well as engages in investment activities. The company was formerly known as Ezyhealth Asia Pacific Ltd and changed its name to Wilmar International Limited in July 2006. Wilmar International Limited is headquartered in Singapore.

WLMIY Stock Price History

WLMIY Stock News Headlines

Wilmar International: It's All About Margins
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Company Calendar

Today
4/19/2024
Ex-Dividend for 5/29 Dividend
4/29/2024
Dividend Payable
5/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Private households
Sub-Industry
N/A
Current Symbol
OTCMKTS:WLMIY
Employees
100,000
Year Founded
1991

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$67.16 billion
Cash Flow
$5.75 per share
Book Value
$36.20 per share

Miscellaneous

Free Float
N/A
Market Cap
$15.44 billion
Optionable
Not Optionable
Beta
0.79

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Key Executives

  • Mr. Khoon Hong Kuok (Age 75)
    Co-Founder, Executive Non-Independent Chairman & CEO
    Comp: $9.49M
  • Mr. Seck Guan Pua (Age 60)
    COO & Executive Non-Independent Director
    Comp: $2.69M
  • Ms. La-Mei Teo (Age 64)
    Group Legal Counsel, Company Secretary & Executive Non-Independent Director
    Comp: $1.78M
  • Mr. Cheau Leong Loo (Age 50)
    CFO & Deputy COO
  • Mr. Chee Ming Chaw
    Group Technical Head
  • Prof. Nam-Hai Chua
    Chief Scientific Advisor
  • Mr. Kah Chai Tan
    Chief Information Officer
  • Ms. Li Chuen Lim
    Head of Investor Relations & Corporate Communications
  • Mr. Kok Liann Tan (Age 50)
    Group Head of Human Resources
  • Mr. Rahul Kale
    Group Head of Oleochemicals & Biofuels

Should I Buy Wilmar International Stock? WLMIY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Wilmar International Limited:

  • Wilmar International's diversified operations across various segments like Food Products, Feed and Industrial Products, Plantation and Sugar Milling, and Others provide a hedge against market volatility.
  • The company's strong presence in multiple regions globally, including Singapore, South East Asia, China, India, Europe, Australia/New Zealand, and Africa, offers geographical diversification benefits.
  • Recent news indicating Wilmar International's net profit dwindling to US$1.5 billion in FY23 could present a potential buying opportunity for investors looking to enter at a lower valuation.
  • Wilmar International's focus on sustainable practices in its agribusiness operations could attract socially responsible investors seeking environmentally conscious companies.
  • The company's extensive oil palm plantation covering a significant area provides a stable supply chain for its palm oil products, reducing operational risks.

Cons

Investors should be bearish about investing in Wilmar International Limited for these reasons:

  • Wilmar International's net profit decline in FY23 may raise concerns about the company's profitability and future growth prospects.
  • The volatility in commodity prices, especially in agricultural commodities like palm oil and sugar, could impact Wilmar International's financial performance and margins.
  • Geopolitical risks in regions where Wilmar International operates, such as regulatory changes or trade disputes, may pose challenges to the company's operations and profitability.
  • Fluctuations in currency exchange rates could affect Wilmar International's revenues and earnings, particularly in markets with volatile currencies.
  • Investors should closely monitor the impact of global economic conditions and trade policies on Wilmar International's business, as external factors could influence the company's financial performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Wilmar International pros and cons to contact@marketbeat.com.

WLMIY Stock Analysis - Frequently Asked Questions

How have WLMIY shares performed in 2024?

Wilmar International's stock was trading at $26.26 at the beginning of the year. Since then, WLMIY stock has decreased by 5.8% and is now trading at $24.74.
View the best growth stocks for 2024 here
.

Are investors shorting Wilmar International?

Wilmar International saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 6,800 shares, an increase of 151.9% from the March 15th total of 2,700 shares. Based on an average daily volume of 4,200 shares, the short-interest ratio is currently 1.6 days.
View Wilmar International's Short Interest
.

How often does Wilmar International pay dividends? What is the dividend yield for Wilmar International?

Wilmar International announced a dividend on Saturday, March 30th. Investors of record on Tuesday, April 30th will be given a dividend of $0.7685 per share on Wednesday, May 29th. The ex-dividend date of this dividend is Monday, April 29th. This is an increase from the stock's previous dividend of $0.39.
Read our dividend analysis for WLMIY
.

Is Wilmar International a good dividend stock?

Wilmar International (OTCMKTS:WLMIY) pays an annual dividend of $0.79 per share and currently has a dividend yield of 3.25%.
Read our dividend analysis for WLMIY.

How do I buy shares of Wilmar International?

Shares of WLMIY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:WLMIY) was last updated on 4/19/2024 by MarketBeat.com Staff

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