Headline net profit was at US$8.5 million ($12 million), reversing from the loss of US$4.8m last year.
SINGAPORE (March 13): DBS Group Research is advising investors "hold" on to Del Monte Pacific (DMPL) given sub-par operations in its US business coupled with plus high gearing.
In 3Q17, DMPL’s core earnings came within expectations, helped by tax credits.
