Del Monte Philippines posts P2.6 billion net profit as of end-April

Del Monte Philippines, Inc. (DMPI) posted a net profit of P2.6 billion in its fiscal year ending April, on the back of P27.6 billion in sales mostly from the Philippine market.
In a statement issued Wednesday, June 20, the local unit of listed canned fruit manufacturer Del Monte Pacific Limited said sales performance this year showed a compounded annual growth rate of 7.9% from 2015, where it delivered P22 billion. — Arra B. Francia