D&L Industries’ recurring income reached P2.0 billion, or earnings per share of P0.28, in the first nine months of 2019 (9M19). This is 15% lower than last year. Earnings before interest and taxes was lower by 10% at P2.7 billion. In the third quarter alone (3Q19), net income fell 29% y-o-y to P617 million, or earnings per share of P0.09. Earnings before interest and taxes for the quarter was lower by 21% y-o-y to P849 million.
D&L Industries’ recurring income reached P1.41 billion, or earnings per share of P0.20, in the first six months of 2019 (1H19). This is 7.5% lower than last year.
D&L Industries’ recurring income reached P748 million, or earnings per share of P0.10, in first quarter of 2019 (1Q19). This is 1% higher than last year. Earnings before interest and taxes were higher by 4% at P990 million.
A group of college students won the CFA Global Challenge in New York with a study that encourages investing in the stocks of D&L Industries. In an interview with Michelle Ong on ANC’s morning show “Early Edition” last Monday, April 30, D&L Industries President and CEO Alvin Lao gave several reasons why.
D&L Industries’ recurring income reached P3.2 billion, or earnings per share of P0.45, in full year 2018 (FY18). This is 10% higher than last year.
D&L Industries subsidiary D&L Polymers & Colours, Inc. (DLPC) has received international certification for its Biorez line of compostable biopolymers or more commonly known as biodegradable plastics.
D&L Industries was named as Philippines’ Best Mid-Cap Company in FinanceAsia’s 19th Annual Poll. In addition, D&L was ranked 7th overall in Best at Investor Relations category.
D&L Industries has successfully renewed its ISO/IEC 17025:2005 accreditation from the Philippine Accreditation Bureau.
D&L Industries has started construction of its two new plants in a Special Economic Zone in Batangas. One for food ingredients and an integrated facility to manufacture oleochemicals and downstream packaging.