date:Mar 18, 2013
Dole Food, a US-based producer and marketer of fruit and fresh vegetables, has reported a wider loss of $142m for the full-year 2012, compared to a profit of $42m in 2011.
The company posted a 16.2% decline in net revenues to $3.1bn, compared to $3.7bn in the earlier year.
Dole president and chief operating officer Michael Carter said that the company's continuing operations and its discontinued operations in 2012 were lower compared to 2011 mainly due to banana market conditions and non-recur