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Del Monte swings to loss in Q1 on lower revenue

The dual-listed, Philippines firm posts net loss of US$38.3m due to one-off items


DEL Monte Pacific swung to a net loss of US$38.3 million for its first quarter ended July 31, against a profit of US$3 million in the previous corresponding period.

The dual-listed, Philippines company said its revenue fell 14 per cent to US$375.9 million, mainly due to...