Del Monte triples profit on stronger Philippine, export sales

MANILA, Philippines – Del Monte Pacific Ltd. more than tripled its net profit in the fourth quarter of fiscal year 2026 as stronger sales in the Philippines and overseas markets boosted its core business despite inflationary pressures. In a disclosure on Friday, the canned fruit maker said fourth-quarter net profit reached $10.1 million for the period ended April 30. Excluding last year’s United States’ write-down, this was more than three times the comparable $2.9 million earned in the same quarter a year earlier. READ: Higher sales lift Del Monte 9-month profit to $32.3M Fourth-quarter sales rose 11.4 percent to $213.7 million […]... Keep on reading: Del Monte triples profit on stronger Philippine, export sales