Del Monte Pacific Books Higher Net Profit in Fiscal Q2; Shares Surge 20%

MT Newswires

2025/11/17

Del Monte Pacific (SGX:D03, PSE:DELM) booked a significantly higher net profit of $16.8 million for the fiscal second quarter ended Oct. 31 from $2.3 million a year earlier, according to a Monday filing with the Singapore Exchange.

Total sales grew 10% to $234.9 million, driven by higher exports of pineapple.

During the period, the company's market share in North Asia increased to 51%.

Shares of the company surged nearly 20% in Monday trading.

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