DUALLY listed Del Monte Pacific Ltd. (DMPL) recorded a $21.9 million net loss for the first quarter of its 2015 fiscal year following the full acquisition of its consumer food unit Del Monte Foods Inc. (DMFI).

DMPL, which is listed both on the Singapore Exchange and the Philippine Stock Exchange, said the net loss was due to acquisition-related expenses. Total sales for the quarter, however, improved to $446 million from the previous quarter’s $340 million.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details