Del Monte PH Reports ₱1.4 Billion Profit for Q1

Del Monte Philippines, Inc. (DMPI) reported sales of ₱7.4 billion for the first quarter of 2020 ending July with a profit of ₱1.4 billion.

DMPI reported improvement on sales across all categories in the Philippines, namely culinary, beverages and fruits.

The company’s performance was driven by a 32% increase in retail channels, showing its resilience during the pandemic.