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Del Monte net loss sinks to US$22.2 mil for 2QFY2025

Ashley Lo
Ashley Lo • 2 min read
Del Monte net loss sinks to US$22.2 mil for 2QFY2025
Earnings per share for the period fell to a loss of 1.14 US cents. Photo: Del Monte
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Singapore Exchange (SGX) Mainboard and Philippine Stock Exchange dual-listed Del Monte Pacific (SGX:D03) Limited (DMPL) has reported a loss of US$22.2 million ($29.8 million) for 2QFY2025 ended October, as compared to a loss of US$8.5 million in 2QFY2024. 

Earnings per share for the period fell to a loss of 1.14 US cents from a loss of 0.44 US cents in 2QFY2024. 

This came on the back of higher costs in the group’s US subsidiary, Del Monte Foods, Inc. (DMFI), coupled with increased interest expense. 

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