* record earnings, up 147 pct on better sales, margins

* expects credible Q4 performance

* CEO says no hurry to spend $1 bln cash pile


Wilmar International, the world's largest listed palm oil firm, posted a 147 percent rise in quarterly net profit due to higher sales and margins and said its performance in the current quarter would be "credible".

The firm also said it will look for investment opportunities to grow its business helped by its $1 billion cash pile and low debt-to-equity ratio.

"Despite the fall in commodity prices during this period, Wilmar's margins benefited from the company's hedging activities and also the tight credit market curbed its competitors," Goldman Sachs' Patrick Tiah said in a note to clients.