(Reuters) -Singaporean agri-business company Wilmar International reported a 5% rise in its first-half core net profit on Tuesday, boosted by strong performance in its food products and feed & industrial products segments.
Wilmar's another top segment, feeds and industrial unit that processes, manufactures and distributes agricultural commodities, among others, reported a 34% jump in first-half pre-tax profit to $534 million.
The company said its food product division, which includes consumer products, logged a 77% rise in its pre-tax profit, buoyed by higher sales volume.
Wilmar, one of the world's largest food producers, said core net profit was $606.3 million for the half year ended June 30, compared with $577.2 million last year.
It proposed an interim dividend of 6 Singapore cents per share, unchanged from a year earlier.
(Reporting by Rajasik Mukherjee in Bengaluru; Editing by Janane Venkatraman and Maju Samuel)