$丰益国际 (F34.SG)$ 3Q business updates will be coming out on th...

3Q business updates will be coming out on the first week of November which would show stable profit improvement and growing sales volume. 4Q results is where I expect improved profitability due to higher Sugar and Palm oil prices and higher sales of consumer products and medium pack and bulk products.

improvement in net income is also expected from lower trade finance expenses with Wilmar guiding that net effective interest rates have likely peaked for the year.

Wilmar will continue to benefit from FUTURE RATE CUTS in BOTH USA and China