Campos-led Del Monte Pacific Limited (DMPL) continued to report losses for the first nine months of its fiscal year ending on April 30, 2025 (FY2025) but sees a return to profitability in the coming years. In a disclosure to the Philippine Stock Exchange, the firm said it expects to incur a net...
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...
Del Monte Pacific Limited Limited (DMPL) and its partner are divesting from Del Monte Foods Private Limited (Del Monte India, formerly FieldFresh Foods Private Limited) in exchange for minority stakes in a leading Indian food company. In a disclosure to the Philippines Stock Exchange (PSE), DMPL...
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...
The Campos family’s Del Monte Pacific Limited (DMPL) is testing the appetite of the overseas market for its plan to raise fresh funds through a dollar-denominated Senior Perpetual Capital Securities Offering. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the fund-raising...
Del Monte Pacific Limited (DMPL) incurred a net loss of $21.6 million for the first half of its fiscal year (May to October 2023) from a net profit of $19 million in the same period of 2022 due to lower operating results. In a disclosure to the Philippine Stock Exchange (PSE), DMPL said it grew...
Del Monte Pacific Limited expects to generate a higher net profit for its fiscal year ending in April 2024, especially in the second half or November to April, after reporting lower losses for the months of May to July. “As a result of lower gross profit and increased interest expense, DMPL...
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 (DMPL), the world;s leading pineapple producer, reported a strong 64 percent growth in net income to $80.1 million in the first nine months of its fiscal year ending in April 2022. In a disclosure to the Philippine Stock Exchange, the firm said earnings rose as gross...
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...
