Del Monte Philippines, Inc. reported earnings results for the third quarter and nine months ended January 31, 2024. For the third quarter, the company reported sales was PHP 10,030.54 million compared to PHP 11,303.74 million a year ago. Net income was PHP 651.1 million compared to PHP 1,208.44 million a year ago. Basic earnings per share from continuing operations was PHP 0.23 compared to PHP 0.43 a year ago. Diluted earnings per share from continuing operations was PHP 0.23 compared to PHP 0.43 a year ago.
For the nine months, sales was PHP 28,818.64 million compared to PHP 31,496.19 million a year ago. Net income was PHP 1,891.81 million compared to PHP 3,514.72 million a year ago. Basic earnings per share from continuing operations was PHP 0.68 compared to PHP 1.26 a year ago. Diluted earnings per share from continuing operations was PHP 0.68 compared to PHP 1.26 a year ago.