Del Monte Pacific (DMPL)


Del Monte Pacific sinks into the red in 2Q on one-off charges for US plant closures

SINGAPORE (Dec 9): Del Monte Pacific (DMPL), the Singapore- and Philippine-listed food and beverage company, reversed into the red in the second quarter due to one-off expenses.


Del Monte Pacific swings back into the black in 2Q on absence of one-off expenses

SINGAPORE (Dec 13): Del Monte Pacific (DMPL) reported a 2Q earnings of US$8.4 million ($11.5 million), a turnaround from the US$2.8 million loss last year. This brings 1H earnings to US$11.4 million, reversing from the loss of US$2.1 million last year.


Del Monte Pacific reports higher 1Q earnings of US$3 mil on one-off gain

SINGAPORE (Sept 12): Del Monte Pacific reported a 1Q19 earnings of US$3 million ($4.1 million). This is higher than US$0.7 million in 1Q18 and was the result of a one-off gain from the purchase of DMFI loans.


Del Monte Pacific reports FY18 net loss of US$28 mil on one-off closure expenses

SINGAPORE (July 27): Del Monte Pacific reported a net loss of US$28.2 million ($38.4 million) in FY2018, versus earnings of US$24.4 million in FY2017.


Del Monte Pacific 4Q earnings surge on one-off but FY18 still ends with US$28 mil loss

SINGAPORE (June 29): Del Monte Pacific (DMPL), the producer of branded fruits and vegetable, juices and condiments, reported 4Q earnings ended April of US$12.3 million ($16.8 million), four times higher than the US$2.9 million in the same quarter last yea

Del Monte Pacific defers IPO for Philippines subsidiary amid market volatility

SINGAPORE (June 7): Del Monte Pacific announced Thursday that it is deferring the initial public offering (IPO) of its Philippine subsidiary, Del Monte Philippines, Inc (DMPI).


Del Monte Pacific posts 3Q loss of US$38.4 mil on one-off expenses from new US tax rates

SINGAPORE (Mar 8): Del Monte Pacific (DMPL) announced a 3Q18 loss of US$38.4 million ($50.5 million) due to one-off expenses, mainly due to a US$39.8 million write-off of deferred tax assets in the US, due to the change in US Federal income tax rate from


Del Monte Pacific sinks into the red; posts 2Q loss of US$2.82 mil

SINGAPORE (Dec 5): Del Monte Pacific (DMP) recorded a loss of US$2.82 million ($3.80 million) in 2Q18 ended Oct, compared to restated earnings of US$20.0 million in 2Q17.


Del Monte Pacific reports 57% fall in FY17 earnings to US$24.4 mil

SINGAPORE (June 2017): Del Monte Pacific reported a 57.2% fall in FY17 earnings to US$24.4 million ($33.8 million) from US$57 million a year ago.

Broker's Calls

Weak US business and delay in preference shares issue ‘holding back’ this F&B company

SINGAPORE (March 15): CIMB is putting Del Monte Pacific (DMPL) on “hold” given weak nine-month earnings amid tough business conditions for its US division.