---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000964765.md"
description: "Iggy’s Journal: Wilmar’s Net Profit Swung From a Loss to US$281m. Its Core Profit Fell 25.2%. Read Both LinesMon 2 Nov 2026 | MiddayThe NumbersWilmar’s third-quarter net profit swung from a loss to US$281.0 million. Its own core net profit fell 25.2% to US$267.3 million. Operating cash flow fell 63.7% in the quarter to US$768.9 million. $Wilmar(F34.SG) My Personal TakeTwo profit lines moved in opposite directions, and I want to know why before I treat either one as the result. The cash flow figure is the one I read twice, because a fall of 63.7% is large for a quarter that ends with a positive net profit. That leaves me with two questions. Why does a net profit that turned from a loss to US$281.0 million sit beside a core profit that fell 25.2%, and what is behind the drop in operating cash flow? The video and the Substack piece take each profit line back to what sits inside it, then go to the cash flow.📺 Free YouTube: https://youtu.be/4HwgsGBO8r8⭐ Members Edition YouTube: https://youtu.be/xmkkV6XafDE📩 Substack: https://investingiguana.com/p/ep1895-wilmars-net-profit-swung-fromCheers,Iggy 🦖Not financial advice. Iggy’s Forensic Compliance Standards apply."
datetime: "2026-11-02T03:51:57.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000964765.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000964765.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000964765.md)
author: "[TheInvestingIguana](https://longbridge.com/en/profiles/22116548.md)"
generator: "portal-rs"
---

# Iggy’s Journal: Wilmar’s Net Profit Swung From a L…


### Related Stocks

- [F34.SG](https://longbridge.com/en/quote/F34.SG.md)

## Comments (2)

- **Captain Leo · 2026-11-02T11:06:40.000Z · 👍 1**: The way you hold off on a verdict until every figure that moved can be explained is a habit most readers could borrow before reacting to a headline🦁
- **jackson beat it · 2026-11-02T04:39:17.000Z · 👍 1**: one more number for that list, fewer than three in ten of its shares are in free float


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**