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Del Monte PH sees better 2022 earnings

DEL Monte Philippines Inc. (DMPI) reported a 33-percent better income of P1.3 billion in the first quarter of fiscal year 2022 ending July, driven by higher sales and lower costs.

In a filing to the exchange by DMPI's parent company, Del Monte Pacific Ltd. (DMPL), the company's sales for the period rose by 16 percent to P8.6 billion led by its international market.