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Del Monte Pacific swings into the red
Published Thu, Mar 8, 2018 · 09:50 PM
Singapore
FOOD and beverage company Del Monte Pacific on Thursday reversed into the red for the third quarter on one-off expenses related to its plant closures in the US and the write-off of deferred tax assets.
For the three months ended Jan 31, the group incurred a net loss of US$38.4 million, compared to a net profit of US$8.5 million last year.
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