Del Monte Pacific (SGX:D03) Second Quarter 2023 Results
Key Financial Results
- Revenue: US$698.9m (up 7.4% from 2Q 2022).
- Net income: US$49.5m (up 61% from 2Q 2022).
- Profit margin: 7.1% (up from 4.7% in 2Q 2022). The increase in margin was driven by higher revenue.
- EPS: US$0.11 (up from US$0.016 in 2Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Del Monte Pacific Earnings Insights
Looking ahead, revenue is forecast to grow 7.4% p.a. on average during the next 2 years, while revenues in the Food industry in Singapore are expected to remain flat.
The company's shares are down 1.6% from a week ago.
You should learn about the 3 warning signs we've spotted with Del Monte Pacific (including 1 which is a bit unpleasant).
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Del Monte Pacific
Del Monte Pacific Limited, an investment holding company, manufactures, processes, markets, and distributes food, beverages, and other related products in the Americas, the Asia Pacific, and Europe.
Reasonable growth potential average dividend payer.