Del Monte Pacific Ltd. (DMPL) reported that its net earnings surged more than seven-fold to $22.3 million in the first half of its current fiscal year (FY) ending April 2026, from $2.7 million in the same period a year ago, as a result of stronger sales and higher margins after writing off its...
The Philippine Stock Exchange (PSE) has lifted the suspension on the trading of the shares of Del Monte Pacific Ltd. (DMPL) after accepting the firm’s explanation that Ernst & Young’s audit disclaimer concerns only its discontinued US business, which will not impact its continuing operations in...
Del Monte Pacific Ltd. (DMPL) is asking the Philippine Stock Exchange (PSE) to lift the suspension of trading of its shares despite the audit disclaimer of Ernst & Young for its annual report. “The audit disclaimer pertains only to discontinued operations of the US [United States] business for FY...
Del Monte Pacific Limited’s external auditor, Ernst & Young LLP of Singapore, has issued a disclaimer of opinion on the group’s financial statements for the fiscal year ending April 2025, primarily due to the valuation of the company’s US assets that are up for sale. “In view of the...
Del Monte Pacific Limited is on track to achieve a full year of higher sales and profitability following the deconsolidation of its United States business, as well as the strength and momentum of its Philippine and international businesses. “Our strong first quarter performance underscores Del...
Despite recognizing significant losses from its struggling US division, Del Monte Pacific Limited reported a profit for its latest fiscal year after reclassifying its American operations as discontinued. “Considering the board changes and the voluntary Chapter 11 filing of DMFHL (Del Monte Foods...
1 in 4 Filipino Children Face Stunted Growth Faced with 1 in 4 Filipino children under five affected by stunted growth*—a condition hindering a child’s health, development and future potential—the 'Nutri-licious ' advocacy aims to make nutritious meals accessible. Partnering with...
Philippine Rating Services Corp. (PhilRatings) stated that it is closely monitoring developments within the Del Monte Group to determine if the recent filing for Chapter 11 Bankruptcy of the US unit will impact the ability of Del Monte Philippines, Inc. (DMPI) to pay its outstanding bonds. On July...
Del Monte Pacific Limited’s (DMPL) Philippine subsidiary, Del Monte Philippines, Inc. (DMPI), reported strong growth in earnings before interest, taxes, depreciation, and amortization on the back of a jump in domestic and international sales but did not disclose its net income. In a disclosure to...
Campos-led Del Monte Pacific Limited (DMPL) reported that its current liabilities already exceed its current assets, while its US subsidiary’s filing for Chapter 11 bankruptcy will result in a capital deficit in DMPL’s balance sheet. In response to queries by the Singapore Exchange Securities...
Del Monte Pacific Limited’s US subsidiary, Del Monte Foods Holdings Limited (DMFHL), has filed for Chapter 11 bankruptcy in preparation for the liquidation of its assets, as directed by some of its creditors who recently took control of its board of directors. Last May 5, 2025, DMPL disclosed to...
PrimeWater Infrastructure Corp. announced that the company is nearing the completion of its transmission line extension project in San Jose del Monte (SJDM), Bulacan, by the end of June. In a statement over the weekend, PrimeWater noted that the Transmission Line Extension Project from Barangay...
