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Del Monte Pacific ( (SG:D03) ) just unveiled an announcement.
Del Monte Pacific Limited has issued a clarification regarding inaccurate media reports in the Philippines about an audit disclaimer, which only pertained to its U.S. business, Del Monte Foods Holdings Ltd., and not to discrepancies in the company’s financial statements. The company highlights the deconsolidation of its U.S. business, which reduced its liabilities by US$1.5 billion, and reports increased sales and net income for the first quarter of FY2026. Del Monte Pacific remains optimistic about its profitability for FY2026, driven by strong performance in the Philippines and international markets.
More about Del Monte Pacific
Del Monte Pacific Limited is a company incorporated in the British Virgin Islands, operating primarily in the food industry. It focuses on producing and distributing a variety of food products, with significant operations in the Philippines and internationally through its subsidiary, Del Monte Philippines, Inc.
Average Trading Volume: 836,221
Technical Sentiment Signal: Sell
Current Market Cap: S$184.7M
For detailed information about D03 stock, go to TipRanks’ Stock Analysis page.