SGX:F34 2 December 2025 - 10 December 2025

Wilmar International shares traded near multi-year lows at S$3.03 on 8 December 2025, as legal setbacks and governance concerns weighed on the stock. Analysts set consensus targets at S$2.44, implying further downside, despite forecasts for mid-single-digit revenue and double-digit earnings growth through 2027. First-half 2025 core net profit fell to US$583.7 million, missing estimates, while group revenue rose 6.3% to US$32.9 billion.

Wilmar International shares closed at S$3.22 on 2 December 2025, down 0.9% after Aletheia Capital downgraded the stock to “sell” and cut its target price to S$2.50. The move follows a Chinese court ruling against a Wilmar unit for contract fraud, exposing the group to S$345.6 million in liabilities. Wilmar’s stock has gained 4.6% over 12 months but faces ongoing legal challenges in China and Indonesia.