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Del Monte Pacific ( (SG:D03) ) just unveiled an update.
Del Monte Pacific Limited reported a robust second quarter for FY2026, with net profit increasing seven-fold to US$16.8 million and total sales growing by 10% to US$234.9 million. The growth was driven by strong demand in both domestic and international markets, particularly for fresh pineapple exports. The company also improved its gross margin significantly, reflecting enhanced operational efficiency and market demand. Del Monte’s strategic initiatives to strengthen its capital base and support growth plans are expected to further solidify its market leadership and stakeholder confidence.
More about Del Monte Pacific
Del Monte Pacific Limited is a company incorporated in the British Virgin Islands, operating in the food industry with a focus on fresh and packaged pineapple products. It has a strong market presence in both domestic and international markets, particularly in North Asia where it holds a leading position in imported pineapples.
Average Trading Volume: 432,082
Technical Sentiment Signal: Sell
Current Market Cap: S$167.2M
For a thorough assessment of D03 stock, go to TipRanks’ Stock Analysis page.