The first quarter is seasonally its weakest quarter accounting for only 19-21% of full year sales, says the group.
SINGAPORE (Sept 7): Del Monte Pacific Limited has reversed into profitability with 1Q earnings of US$0.7 million ($0.9 million) on robust performance of its Asian businesses, compared to a net loss of US$7.0 million a year ago.
Del Monte Pacific achieved sales of US$473.8 million for the three months ended July, 1% higher than prior year period on strong performance of S&W in Asia and the Middle East, which offset lower sales in the United States.
