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 Philippines, Inc. (DMPI), a subsidiary of Del Monte Pacific Limited, is diversifying into the dairy business after forging a strategic alliance with Vietnam Dairy Products JSC (Vinamilk). In a disclosure to the Philippine Stock Exchange, DMPI said it has entered into a joint venture with...
Del Monte Pacific Limited has decided to postpone the planned P44 billion initial public offering of its subsidiary Del Monte Philippines, Inc. on the Philippine Stock Exchange. The firm said in a disclosure to the PSE that, its Board of Directors decided to delay the IPO in consultation with its...
The Securities and Exchange Commission (SEC) has conditionally approved the planned P44.07 billion initial public offering (IPO) of Del Monte Philippines, Inc. (DMPI). The Commission En Banc resolved to render effective the registration statement of DMPI covering 2.8 billion common shares to be...
Del Monte Philippines Inc. (DMPI) has grown to become Asia’s leading pineapple exporter with dominant market share in China and as top three supplier in Japan and Korea. GlobalData, an analytics and consulting company, reported that DMPI is the largest fresh pineapple exporter to China,...
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 Philippines, Inc. reported a 33 percent jump in net income to P4.6 billion for its fiscal year 2021 ending April on improved sales, favorable mix, lower costs and expenses, and greater efficiency. In a disclosure to the Philippine Stock Exchange, DMPI sales improved 8 percent to P34.5...
Shareholders of Del Monte Philippines, Inc. (DMPI) are planning to raise up to P44 billion through an initial public offering of shares they own that are equivalent to 28.75 percent of the company. Based on the registration statement filed with the Securities and Exchange Commission,publicly-listed...