Del Monte Pacific Limited (DMPL)

Del Monte reports 1QFY2025 net loss of US$34.2 mil, down from loss of US$13.1 mil last year - THE EDGE SINGAPORE

Results

Del Monte net loss deepens to US$34.2 mil for 1QFY2025

Earnings per share also fell to a loss of 1.76 US cents in 1QFY2025.

Results

Dual-listed Del Monte sinks into US$127.3 mil net loss for FY2024, down from US$17 mil profit last year

For the financial year, the group generated a net loss on lower operating results and US$13.3 million of one-off expenses.

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.
Broker's Digest: iFast Corporation, Sea, LHN, Kimly, Del Monte Pacific - THE EDGE SINGAPORE

Broker's Calls

Broker's Digest: iFast Corporation, Sea, LHN, Kimly, Del Monte Pacific

See what the analysts have to say this week.

Broker's Calls

Continue to 'buy' dual-listed Del Monte after record margins in 2QFY2023: PhillipCapital

2QFY2023 earnings jumped 38% y-o-y to US$49.5 million ($67.09 million) supported by revenue growth, up 7%.

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.

Broker's Calls

Broker's Digest: Del Monte, Cordlife, ComfortDelGro, Megachem, Rex International

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Broker's Calls

PhillipCapital ups Del Monte's TP to 63 cents on the back of higher FY2022 PATMI expectations

The revised target price is now pegged to 12x FY2022 P/E, down from 13x.

Results

Del Monte reports 14.0% lower earnings of US$25.9 mil for 3QFY2022 on lower gross profit margin

Barring unforeseen circumstances, the group expects to generate a higher net profit in FY2022.
PhillipCapital initiates 'buy' on Del Monte as turnaround underway  - THE EDGE SINGAPORE

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
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