Del Monte Foods Inc (DMFI)

SINGAPORE (Nov 19): Del Monte Pacific is expected to report a loss in its second quarter mainly due to the writedown of assets in the United States.

SINGAPORE (Dec 13): Del Monte Pacific (DMPL) reported a 2Q earnings of US$8.4 million ($11.5 million), a turnaround from the US$2.8 million loss last year. This brings 1H earnings to US$11.4 million, reversing from the loss of US$2.1 million last year.

SINGAPORE (July 27): Del Monte Pacific reported a net loss of US$28.2 million ($38.4 million) in FY2018, versus earnings of US$24.4 million in FY2017.

SINGAPORE (Aug 16): Del Monte Pacific Limited, the consumer food & beverage focused group, has appointed Gregory N Longstreet as the new chief executive officer (CEO) of its US subsidiary, Del Monte Foods (DMFI), with effect from Sept 5.

SINGAPORE (Sept 13): CIMB has downgraded food and beverage company Del Monte Pacific (DMPL) to “hold” from “buy” with an unchanged target price of 38 cents.