Del Monte sees sustained profit growth

Del Monte Pacific Ltd. (DMPL) expects to continue its growth trajectory in the second half of its fiscal year 2026 following robust first half results fueled by the strength and momentum of its Philippines and international businesses.

- By RICHMOND MERCURIO

Barring unforeseen circumstances, the company expects to be profitable in fiscal year 2026.

DMPL said that its focus remains on reinforcing market leadership in the Philippines, maintaining fresh fruit leadership in North Asia, improving operational productivity and prudently managing the capital structure.

DMPL reported a net profit of $22.3 million from May to October, a significant jump from $2.7 million in the same period last year.

Net profit for the second quarter covering August to October period soared to $16.8 million from the previous year's $2.3 million, driven by improved sales and margins.