Demont Philippines subsidiary share reaches 53%, further consolidating North Asian market leadership

In terms of the local Philippine market, sales increased by 6%, reaching pesos 21.4 billion, driven by the growth of major product categories such as beverages, packaged fruits and cooking necessities.
In addition, packaging products exported to North Asia, Europe and the Americas have also increased. North Asia's market share has increased to 53%, further consolidating its leadership position as a provider of fresh pineapple.
The Philippine subsidiary's sales in fiscal 2025 achieved a 14% increase, reaching 44.2 billion pesos; driven by the increase in exports of fresh pineapples and packaging products, international sales increased by 22% to 19.5 billion pesos. Supported by improved product portfolio, the company's major international markets - China, South Korea and Japan led the growth.
Dmont's stock price rose 28.57% to 0.072 yuan on Monday.
Demont announced after the market closes on Monday (July 7) that its Filipino subsidiary's earnings before interest and tax (EBITDA) in fiscal 2025 increased by 40% to Phillipino pesos 8.6 billion (about S$194.23 million), showing strong operational efficiency and market demand.
The Philippine subsidiary of Del Monte Pacific, a food production and wholesale company, announced that it will achieve steady growth and profit in fiscal 2025.