Tuesday 12 December 2017
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5 days ago

Del Monte posts net loss of $2.1M in H1

Food conglomerate Del Monte Pacific Ltd. (DMPL) incurred a net loss of $2.1 million in the six-month period ending October due to one-off expenses arising from its streamlining initiatives in the United States. Excluding this, the group would have generated a net income of $11.5 million for the first semester in its fiscal year 2018, DMPL reported to the Philippine Stock Exchange on Wednesday. The group generated sales of $1.1 billion in the first six months, marginally lower versus the prior year period a

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