Del Monte Pacific Limited said its unaudited second-quarter FY2026 results (ended 31 October 2025) were prepared under IAS 34 and that new accounting amendments adopted from 1 May 2025 had no material impact. The company reiterated that it classified its U.S. operations as discontinued effective 30 April 2025 and deconsolidated them from 1 May 2025, which it said reduced consolidated liabilities by about US$1.5 billion, and added it has not guaranteed U.S. subsidiary loans and does not believe it has contingent liability from the Chapter 11 filing. It also reported higher continuing-operations sales and profit for the quarter and said performance was in line with earlier guidance while it prioritises raising equity to reduce leverage.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Del Monte Pacific Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 4VEKGMKASCMHZ10P) on February 24, 2026, and is solely responsible for the information contained therein.