Del Monte Pacific posts $14.1m net profit in FY2025
Sales grew by 11% to $1.02b (US$789.5m).
Del Monte Pacific Limited (DMPL) posted a net profit of $14.1m (US$10.9m) for the year ending 30 April 2025 (FY2025), recovering from a $32.3m (US$24.9m) net loss in FY2024.
Sales grew by 11% to $1.02b (US$789.5m), and EBITDA surged by 36% to $182m (US$140.3m).
The company also reported $449.6m (US$346.5m) in operating cash flow.
On 1 May 2025, DMPL has deconsolidated its US operations following the bankruptcy filing of Del Monte Foods Holdings Limited (DMFHL).
According to a bourse filing, the parent company said it has no financial obligations tied to DMFHL's debts and did not back any of its loans.
A net loss of $1.2b (US$892.4m) was recorded for FY2025 for discontinued operations (US business).
($1 = US$0.77)