Can I read Del Monte Pacific Q1 FY2019 Results on EtoBox?
Del Monte Pacific Q1 FY2019 Results by Steve Hatol is a document available to read on EtoBox.
What is Del Monte Pacific Q1 FY2019 Results about?
The Del Monte Pacific Group reported financial results for the first quarter of FY2019 ending July 31, 2018. Group sales were $437 million, down 8% from the prior year mainly due to lower US sales. Net income was $3 million compared to $0.7 million last year, boosted by a one-time gain from purchasing DMFI loans at a discount. The Group strengthened its balance sheet by reducing debt and gearing. Barring unforeseen circumstances, the Group expects to be profitable for FY2019.
- Author
- Steve Hatol
- Language
- EN