Together with our clients and partners, we strive to create solutions and products that are at the forefront of innovation while adding value to people’s everyday lives.
We manufacture various products, ranging from food ingredients, chemicals for personal and home care use, raw materials for plastics and aerosol products.
We work closely with our partners to ensure that every product is intensively researched and developed. We create high quality products that are competitive, give value for money and improve consumer's lives.Learn More
May 5, 2021 - D&L Industries’ recovery continued in the first quarter of 2021 (1Q21), with earnings growing 35% year-on-year (YoY) and 9% quarter-on-quarter (QoQ) to P695 million. All segments posted significant recovery YoY with consolidated income tracking ahead of FY19 income, albeit still slightly behind FY18 income. Earnings before interest and taxes was higher by 22% YoY to P879 million.
March 15, 2021 - D&L Industries has secured approval from its board of directors for a maiden bond offering to take place this year. The company is looking to issue P3 billion up to P5 billion of bonds with a tenure of 3 to 5 years. Final details of the issuance, including interest rates, will be finalized together with the company’s underwriters. The proceeds from the bond issuance will primarily be used to finance the company’s expansion plans in Batangas which involves a total estimated capex of P8 billion and the corresponding working capital requirements. Construction started in late 2018 and completion is expected by the end of the year. Remaining capex to be deployed for the project is about P4 billion.
March 3, 2021 - Reflecting its niche serving basic industries in the Philippines, D&L Industries’ recovery continued in the fourth quarter, with earnings growing 8% year-on-year (YoY) to P637 million, likely representing an inflection point in earnings growth. This brings the second half (2H20) net income to P1.2 billion, which is 51% higher than the P801 million earnings recorded in the first half (1H20), surpassing the company’s P1 billion target for the period. Overall, net income for the full year of 2020 (FY20) stood at P2 billion, down by 23% YoY, coming from a higher 32% YoY earnings decline reported in the first nine months of the year (9M20). Earnings before interest and taxes was lower by 23% YoY at P2.7 billion.