In financial year 2022, the share of profit before tax of Wilmar International Limited from feed and industrial products was 49 percent. Wilmar International Limited is one of the main agribusiness groups in Asia, as well as one of the largest listed firms by market capitalization on the Singapore exchange.
World’s leading palm oil company
Wilmar International Limited started as a small holding company established in 1991, with only five employees. Its focus was oil palm cultivation in West Sumatra, Indonesia. Nowadays, Wilmar also incorporates various production activities, from cultivating to distributing its products, ranging from tropical oils, oilseeds and grains to sugar, to its consumers. Tropical oils, Wilmar’s main business segment, has been showing an upward sales volume trend for five consecutive years. Accompanying this milestone, Wilmar was also named as the largest palm oil producing company by market capitalization.
Oilseeds and grains segment
The second largest contributor that makes up Wilmar’s total gross profit value is the oilseeds and grains segment. This segment involves the manufacturing and marketing of non-palm and lauric edible oils, oilseeds, flour, rice and other related products. This segment is concentrated in China, where the majority of its plants are located.
Distribution of profit before tax of Wilmar International Limited in financial year 2022, by business segment
Characteristic
Share of profit before tax
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Wilmar International. (March 14, 2023). Distribution of profit before tax of Wilmar International Limited in financial year 2022, by business segment [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1142617/wilmar-share-of-profit-before-tax-by-business-segment/
Wilmar International. "Distribution of profit before tax of Wilmar International Limited in financial year 2022, by business segment." Chart. March 14, 2023. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1142617/wilmar-share-of-profit-before-tax-by-business-segment/
Wilmar International. (2023). Distribution of profit before tax of Wilmar International Limited in financial year 2022, by business segment. Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1142617/wilmar-share-of-profit-before-tax-by-business-segment/
Wilmar International. "Distribution of Profit before Tax of Wilmar International Limited in Financial Year 2022, by Business Segment." Statista, Statista Inc., 14 Mar 2023, https://www.statista.com/statistics/1142617/wilmar-share-of-profit-before-tax-by-business-segment/
Wilmar International, Distribution of profit before tax of Wilmar International Limited in financial year 2022, by business segment Statista, https://www.statista.com/statistics/1142617/wilmar-share-of-profit-before-tax-by-business-segment/ (last visited July 03, 2024)
Distribution of profit before tax of Wilmar International Limited in financial year 2022, by business segment [Graph], Wilmar International, March 14, 2023. [Online]. Available: https://www.statista.com/statistics/1142617/wilmar-share-of-profit-before-tax-by-business-segment/