【Week 1 -$Wilmar(F34.SG) health check】

Wilmar looks financially solid but not high-growth. Earnings are stable with moderate growth, though margins remain exposed to commodity cycles.

In FY2025, Wilmar reported about US$70.42 billion in revenue, US$1.41 billion in net profit, US$1.28 billion in core net profit, and 22.6 US cents diluted EPS. Total assets were about US$65.64 billion and shareholders’ funds about US$21.87 billion.

My bottom line: Wilmar still looks technically healthy and fundamentally solid, but it is behaving more like a steady consolidation above trend than a fresh breakout. A clean move through the recent S$3.91–S$3.93 area would improve the setup.