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Del Monte Foods (DMFI)
Results
Del Monte reports 3QFY2023 earnings of US$9.8 mil, 62.0% lower y-o-y
The group expects to generate a net profit in FY2023 after one-off redemption expenses incurred in the first quarter.
March 09, 2023
M&A
Del Monte's US subsidiary acquires Kitchen Basics for US$99 mil
The acquisition is accretive to Del Monte's NTA per share and EPS on a pro forma basis.
August 04, 2022
Broker's Calls
PhillipCapital initiates 'buy' on Del Monte as turnaround underway
PhillipCapital, citing an earnings turnaround, has initiated coverage on Del Monte with a "buy" call and target price of 60 cents
October 27, 2021
Results
Del Monte Pacific posts 3Q loss of US$38.4 mil on one-off expenses from new US tax rates
SINGAPORE (Mar 8): Del Monte Pacific (DMPL) announced a 3Q18 loss of US$38.4 million ($50.5 million) due to one-off expenses, mainly due to a US$39.8 million write-off of deferred tax assets in the US, due to the change in US Federal income tax rate from
March 08, 2018