Del Monte back in the black in Q3 with US$8.46m profit

Singapore

DEL Monte Pacific's Q3 net profit bounced back into the black as strong sales in Asia helped to boost its bottom line.

Net profit for the three months ended Jan 31, 2017 was US$8.46 million, up from a net loss of US$4.79 million the year before. These figures included one-off expenses from severance and the closure of the North Carolina plant, which was first announced in April last year.