Wilmar is my largest stock holding. As a Fortune 500 company and a global leader in agricultural products, Wilmar has a significant presence in China and India, where it plays a key role in feeding large populations.
The relatively slow pace of technological change in the agricultural sector suggests that Wilmar's business model is unlikely to become obsolete in the future.
While profit margins, particularly in China, have been under pressure in recent years due to macroeconomic headwinds, there are signs of gradual improvement.
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