Del Monte's 9-month net income down 64%

By Ed Paolo Salting

Mar 11, 2023 12:12 am

FOOD and beverage company Del Monte Pacific Ltd. (DMPL) on Friday reported a nine-month net income of $28.8 million for its current fiscal year, down 64 percent from the $80.10 billion earned in the comparable period.

The firm cited one-off costs of $53.90 million (after taxes and non-controlling interest), of which $50.7 million was used in the first quarter of the fiscal year for loan refinancing.

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