Del Monte Pacific widens losses in Q3
DEL Monte Pacific Ltd. (DMPL) said Tuesday it incurred a net loss of $29 million in the third quarter of its fiscal year ending April on higher operating costs, lower sales, and higher interest expense. The net loss was a reversal of the previous year’s $10 million profit for the same period, and represented more […]
Tomas Kauer - News Moderator 
DEL Monte Pacific Ltd. (DMPL) said Tuesday it incurred a net loss of $29 million in the third quarter of its fiscal year ending April on higher operating costs, lower sales, and higher interest expense.
The net loss was a reversal of the previous year’s $10 million profit for the same period, and represented more than three times the $8.5 million loss recorded in the preceding quarter, on continuing lower domestic and global sales.
Register to read this story and more for free.
Signing up for an account helps us improve your browsing experience.
OR
See our subscription options.
Already have an account? Log in here
This website uses cookies. By continuing to browse the website, you are agreeing to our use of cookies. Read More.
