Del Monte Pacific Ltd. (DMPL) reported that its debt burden has increased by $20 million as it took out a loan to settle a dispute with creditors of its US subsidiaries over allegations of default in 2022. In a disclosure to the Philippine Stock Exchange, the firm said this is due to a suit filed...
Campos-led Del Monte Pacific Limited (DMPL) expects to incur a net loss in its fiscal year ending April 2025 after reporting a net loss of $56 million in the first half due to losses at its US subsidiary. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the losses of its US...
Campos-led Del Monte Pacific Limited is planning to raise funds via the selective sale of assets in the U.S. and injection of equity in the Group through strategic partnerships to lower leverage. However, the firm said in a disclosure to the Philippine Stock Exchange that the Group expects to incur...
Del Monte Pacific Limited’s (DMPL) US subsidiary Del Monte Foods Inc. (DMFI) and certain of its existing lenders completed a new financing arrangement for up to $240 million. In a disclosure to the Philippine Stock Exchange (PSE), DMPL said this new arrangement involves a new term loan...
The Campos family’s Del Monte Pacific Limited expects to deliver higher branded revenue growth in its fiscal year ending April 2024 (FY2024) even as it incurred a loss in the first nine months (May 2023 to January 2024) and plans to close two US plants to improve margins. In a disclosure to the...
Del Monte Pacific Limited (DMPL) reported a 65 percent drop in net income for the first half of its fiscal year ending October 2023 to $19 million from the $54.1 million earned in the same period last year. The firm said in a disclosure to the Philippine Stock Exchange that this is due to the...
Del Monte Pacific Limited reported a 64 percent jump in net profit to $35.8 million in the second quarter ending in October of its fiscal year 2022, from $21.9 million in the same quarter last year. In a disclosure to the Philippine Stock Exchange, the firm said it continued to improve its gross...
Del Monte Pacific Limited (DMPL) reported a net profit of US$18.3 million the first quarter ending July of its fiscal year 2022, reversing the US$3.2 million loss in the same period last year. In a disclosure to the Philippine Stock Exchange, DMPL said EBITDA reached US$75.0 million, a 77 percent...
Del Monte Pacific Limited (DMPL) reported a net profit of US$63.3 million for its fiscal year ending in April 2021 (FY2021), reversing the US$81.4 million loss suffered in the prior fiscal year. In a disclosure to the Philippine Stock Exchange, DMPL said the higher earnings came after the group...
Del Monte Pacific Limited reported a turnaround in the second quarter (August to October) of its fiscal year 2021 with a net income of US$21.9 million from a net loss of US$37.35 million in the same period last year. In a disclosure to the Philippine Stock Exchange,...
