CORAL GABLES, Fla. (AP) _ Fresh Del Monte Produce Inc. (FDP) on Wednesday reported fourth-quarter net income of $900,000, after reporting a loss in the same period a year earlier.

On a per-share basis, the Coral Gables, Florida-based company said it had net income of 2 cents. Losses, adjusted for one-time gains and costs, were 8 cents per share.

The food producer posted revenue of $1 billion in the period.

For the year, the company reported profit of $49.2 million, or $1.03 per share. Revenue was reported as $4.2 billion.

Del Monte shares have climbed 13% since the beginning of the year. The stock has fallen 6% in the last 12 months.

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