Equity Analysis /
Philippines

Del Monte Pacific Ltd: Initiation – Turnaround underway

  • US subsidiary Del Monte Foods Inc. (DMFI) turned profitable in FY21

  • Del Monte Philippines Inc. (DMPI) enjoys dominant market shares as high as 90% in the Philippines

  • It had been suffering losses since the acquisition in 2014.

PhillipCapital
25 October 2021
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