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Del Monte Pacific Q3 earnings fall 13.4%
Published Thu, Oct 24, 2013 · 10:00 PM
DEL Monte Pacific's third-quarter earnings fell 13.4 per cent despite an increase in its turnover, as one-off transaction fees ate into its bottomline.
Net profit attributable to shareholders for the three months ended Sept 30 fell to US$7.2 million, from US$8.3 million a year earlier.
Revenue rose 8.9 per cent to US$127 million, as a result of a strong performance by its non-branded business and its S&W brand.
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