Q2 2021 Del Monte Pacific Ltd Earnings Call Transcript

Dec 11, 2020 / 01:00AM GMT
Ignacio Carmelo O. Sison - Del Monte Pacific Limited - Chief Corporate Officer

Good morning to our call participants in the Philippines, Singapore [and other locations] in Asia. [Good evening to] those who are calling in from [the U.S.] This is the conference call for the second quarter results of Del Monte Pacific group or DMPL for FY 2021 ending October.

Representing Del Monte in this call are Cito Alejandro, Chief Operating Officer of DMPL; Parag Sachdeva, CFO of DMPL; Greg Longstreet, CEO of Del Monte Foods, DMFI. And this is Iggy Sison, Chief Corporate Officer of DMPL.

Before we start the call, may we request everyone to please mute his phone. Thank you.

Parag Sachdeva will now present our second quarter results.

Parag Sachdeva - Del Monte Pacific Limited - CFO

Hi. Good morning, everyone, in Asia. And good evening or good afternoon in the U.S. I will start with Slide 4.

Just to reiterate, on 30th April 2020, the group recognized the sale of 12% stake in Del Monte Philippines and started recognizing this as

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