GLOBAL food and beverage firm Del Monte Pacific Ltd. (DMPL) posted a $127.3 million net loss for its fiscal year ended April 2024 (FY 2024), reversing from the $17-million profit recorded a year earlier, following higher costs, increased interest expenses, and one-off expenses.
Full-year sales were maintained at $2.4 billion on stable sales in the US and the Philippines, but gross profit fell 30 percent to $422 million, it announced over the weekend.
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