Del Monte Pacific's Net Loss Widens in Fiscal Q2

MT Newswires

2024/12/12

Del Monte Pacific's (SGX:D03) attributable net profit widened 161% year over year to $22.2 million in fiscal Q2 from $8.5 million a year earlier, a filing with the Singapore Exchange said on Wednesday.

Loss per share came in at $0.0114 from $0.0044 in the year-ago period.

Turnover was up 4% year over year to $694.0 million from $667.1 million in the year-ago period, driven by higher exports of fresh and packaged pineapple products.

Shares of the distributor premium-quality healthy food and beverage products producer were up nearly 3% in recent trading.

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