date:Jun 24, 2019
Singapore Mainboard and Philippine Stock Exchange dual listed Del Monte Pacific Limited reported its fourth quarter FY2019 results ending April.
The Group generated fourth quarter sales of US$432.6 million, 13% lower than the prior year quarter mainly due to the divestiture of the Sager Creek vegetable business, lower sales in the USA and the Philippines, partly offset by higher sales of the SW business in Asia.
DMFI contributed US$308.3 million or 71% of Group sales. Sales declined by 19% mai