Del Monte Pacific off to strong start in 2025

Singapore and Philippine-listed Del Monte Pacific Ltd. (DMPL) is off to a good start, posting improvements in both sales and profitability in the first quarter of its fiscal year 2026.

- By RICHMOND MERCURIO

DMPL reported a net profit of $5.5 million in the first quarter ended July 2025, a notable improvement from just $400,000 reported in the same period recorded a year ago.

First quarter sales grew by 13 percent year-on-year to $203.7 million, driven by higher sales in the Philippines and international markets.

DMPL said the Philippine market delivered sales of $88.4 million during the period, up by 10 percent in peso terms and 15 percent in dollar terms due to strong demand across beverages, culinary essentials and packaged fruits.

International sales likewise jumped by six percent to $97.2 million due to higher fresh pineapple sales in China and Japan, supported by an improved product mix and better pricing.