LOSS-MAKING food and beverage player Del Monte Pacific is evaluating options to potentially refinance its US subsidiary’s loan facilities of about US$1.4 billion.

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.

DEL Monte Pacific swung to a net loss of US$38.3 million for its FY2020 first quarter ended July 31, from a US$3 million net profit a year ago, the group reported in a bourse filing on Friday.

FOOD and beverage firm Del Monte Pacific Limited will close two US production facilities and sell a third in a bid to move to an asset-light strategy, it said in a bourse filing on Tuesday night...

FOOD and beverage firm Del Monte Pacific Limited will close two US production facilities and sell a third in a bid to move to an asset-light strategy, it said in a bourse filing on Tuesday night...

FOOD and beverage player Del Monte saw earnings more than double to US$6.3 million for the fourth quarter ended April, compared to a year ago.

[NEW YORK] If your supermarket bill seems to be inching higher, it's not just your imagination.