Del Monte Pacific’s earnings surge to US$16.8m in Q2 FY 2026

Thanks to sales expansion across its markets.

Singapore-listed Del Monte Pacific Limited has reported a jump in its net profit for the second quarter (Q2) of fiscal year (FY) 2026, to reach $21.84m (US$16.8m) from $2.99m (US$2.3m) in the same period last year.

According to a bourse filing, Del Monte Pacific said its sales during the period grew 10% to $305.37m (US$234.9m), thanks to the robust exports of fresh pineapple. Its Philippine business rose 7% to $158.21m (US$121.7m), whilst its international business grew 7% to $117.78m (US$90.6m).

“The fresh fruit business spearheaded the growth with a 23% expansion from continued higher sales of the Deluxe variety, improving sales mix, coupled with strong pricing,” Del Monte Pacific said.

“The NFC juice segment grew by 49% primarily due to higher sales in China and Europe. In addition, frozen pineapple sales rose 21% from favourable product mix and strong pricing. The Group launched the Del Monte Halo-Halo Mix in Australia last September,” it added.

Its market share in North Asia increased to 51% for imported pineapples.

In the first half of FY 2026, Del Monte Pacific’s net profit jumped to $28.99m (US$22.3m) from $3.51m (US$2.7m), due to higher sales and strong margin expansion.

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