Del Monte Pacific records $7m net profit in Q1
Its sales increased by 13% to $261m.
Del Monte Pacific Limited (DMPL) posted a net profit of $7m (US$5.5m) for the first quarter ending 31 July 2025, an increase from $513,000 (US$0.4m) over a year ago.
Its sales increased by 13% to $261m (US$203.7m), on the back of higher sales in the Philippines and other international markets.
The Philippine market delivered sales of $113m (US$88.4m), up 10% in peso terms and 15% in US dollar terms, driven by strong demand across beverages, culinary essentials, and packaged fruits.
Moreover, international sales grew by 6% to $124.7m (US$97.2m), due to higher fresh pineapple sales in China and Japan.
($1=US$0.78)