DUAL-LISTED fruit canner Del Monte Pacific Limited (DMPL) reported net income of $8.5 million for its third quarter ending January 2017, a turnaround from a net loss of $4.8 million in the same quarter last year.

In a statement on Friday, the company said that without one-off items, its recurring net income for the third quarter was $11.6 million, or more than five times the $2.1 million posted in November 2015 to January 2016. Third quarter sales increased slightly to $604 million, it said.

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