BRIEF-Wilmar International Posts Qtrly Net Profit Of $224.3 Mln
May 11 (Reuters) - Wilmar International Ltd:
* QTRLY REVENUE $10.92 BILLION VERSUS $10.44 BILLION
* EXPECT DEMAND FROM HORECA BUSINESSES WILL START TO RECOVER IN 2Q2020
* CAUTIOUSLY OPTIMISTIC THAT Q2 OPERATIONS WILL NOT BE SIGNIFICANTLY IMPACTED
* QTRLY NET PROFIT $224.3 MILLION VERSUS $257 MILLION
* CHINA LISTING IS STILL ON TRACK
* EXPECT CHINA LISTING TO BE APPROVED IN H2
* SUGAR REFINING OPERATIONS SHOULD PERFORM WELL IN COMING QUARTERS DUE TO IMPROVEMENT IN PREMIUM FOR WHITE SUGAR
* CONSUMER PRODUCTS BUSINESS EXPECTED TO CONTINUE STRONG GROWTH IN Q2
* AS AT 31 MARCH, HAS UNUTILISED BANKING FACILITIES OF $22.55 BILLION Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)