Shares of Wilmar International gained 1.51% to S$3.36 Thursday (Feb 20). It is, however, nowhere near its peak early last year and still not even half of its value four years ago. The company generated net profit of US$1.32 billion last year, grew 5.1% from 2012, but represented net profit margin of 3% only. Wilmar, however, continues its acquisition spree. This time, it acquires India-based sugar player Shree Renuka Sugars Limited.
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