LOWER "one-off" expenses for its US subsidiary helped food and beverage group Del Monte Pacific deliver a third-quarter net profit of US$2.6 million, from a net loss of US$38.4 million for the year-ago period, the group said in a Singapore Exchange filing on Friday morning.

SINGAPORE (Mar 8): Del Monte Pacific has announced a net profit of US$2.6 million ($3.5 million) for the 3Q ended Jan, turning around from the US$38.4 million loss a year ago due to improved margins Excluding one-off items, the group would have registered a 3Q net income of US$3 million, down 11.2%...