The Business Times

del monte pacific

Companies & Markets

Del Monte expects to raise US$500 million to US$600 million in private placement to tackle debt

Nearly US$443 million of non-current loans that were reclassified as current loans have been reverted to a non-current loan classification.
Companies & Markets

Del Monte Pacific restates US$443 million loans to non-current status; requests PSE trading suspension to be lifted

SAN ANSELMO, CALIFORNIA - JULY 03: Cans of Del Monte fruit cocktail are displayed on a store shelf on July 03, 2025 in SanAnselmo, California. California-based food production and distribution company Del Monte has filed for Chapter 11 bankruptcy as the company is facing secured debt of more than $1.2 billion. Justin Sullivan/Getty Images/AFP (Photo by JUSTIN SULLIVAN / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)
Companies & Markets

Del Monte Pacific gets Philippine Stock Exchange suspension after annual report non-submission

Barring unforeseen circumstances, Del Monte Pacific expects to be profitable in FY2026.
Companies & Markets

Del Monte Pacific swings into the black in Q1 with US$5.5 million net profit

The results come on the back of a major restructuring with Del Monte deconsolidating its US business with effect from May 1, 2025.
Capital Markets & Currencies

Del Monte Pacific hit by nearly US$800 million in losses from US unit collapse

Del Monte Foods, the US subsidiary of Singapore-listed Del Monte Pacific, filed for bankruptcy, leading the parent to expect to record a capital deficit on its balance sheet.
Companies & Markets

Del Monte Philippines’ FY2025 Ebitda rises 40%, as exports growth drives sales

As at Jan 31, 2025, Del Monte Pacific's net investment value in Del Monte Foods stood at US$579 million.
Companies & Markets

Del Monte Pacific expects capital deficit from write-offs of US unit’s bankruptcy

Del Monte Fruit Cup Snacks, a product that uses Red Dye # 3, can be seen on a shelf at a local supermarket in this illustration photograph on December 27, 2024. The US Food and Drug Administration (FDA) on January 15, 2025 announced a ban on Red Dye No. 3, a controversial food coloring long known to cause cancer in animals, decades after scientific evidence first raised alarm. (Photo by ROBERTO SCHMIDT / AFP)
Companies & Markets

Del Monte Q3 loss widens to US$35.9 million 

Revenue increased 4 per cent to US$694 million from US$667.1 million on higher exports of fresh and packaged pineapple products, and higher sales in the Philippines.
Companies & Markets

Del Monte Q2 net loss widens to US$22.2 million on subsidiary’s lower profit, higher interest expense 

Canned food brand Del Monte Pacific's gross profit falls by 19.1 per cent to US87.6 million for Q1.
Companies & Markets

Del Monte widens Q1 loss to US$34.2 million

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