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Del Monte expects to be back in black (Philippine Star)

by September 17, 2015 Industry

MANILA, Philippines – Listed food conglomerate Del Monte Pacific Ltd. expects to return to profitability for its current fiscal year which runs from May this year to April 2016. “This year, we will return to profitability,” said Del Monte chief financial officer Ignacio Sison as he noted effective cost-management measures taken by the company. “We’ve started…