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D&L Industries Reports 9M20 Results

D&L Industries’ performance recovered strongly in the third quarter, with the gradual reopening of the economy allowing the company to capitalize on relevant product offerings. In the third quarter of the year (3Q2020), recurring earnings of the company doubled quarter-on-quarter (q-o-q) to P573mn, or earnings per share of P0.8. While 3Q20 net income was still lower by 7% on a year-on-year (y-o-y) basis, there was a tremendous improvement from the 57% y-o-y decline in profits recorded in 2Q20. This brings net income for the first nine months of 2020 (9M20) to P1.37 billion, down by 32% y-o-y, coming from a higher 43% y-o-y earnings decline reported in the first half of the year (1H20). Earnings before interest and taxes was lower by 27% y-o-y at P1.96 billion.

D&L Industries announces P0.183 per share dividend for 2020

September 18, 2020 – D&L Industries declared today a regular cash dividend of P0.183 per share to shareholders of record as of October 2, 2020. Ex-date is on September 29, 2020 and payment will be made on October 28, 2020.

D&L Industries Reports 1H20 Results

D&L Industries’ recurring income reached P802 million, or earnings per share of P0.11, in the first six months of 2020 (1H20). This is 43% lower than last year. Earnings before interest and taxes was lower by 37% y-o-y at P1.2 billion. In the second quarter alone (2Q20), net income fell 57% y-o-y to P287 million, or earnings per share of P0.04. Earnings before interest and taxes for the quarter was lower by 49% y-o-y at P454 million.

D&L Industries Reports 1Q20 Results

D&L Industries’ recurring income reached P515 million, or earnings per share of P0.07, in the first quarter of 2020 (1Q20). This is 13% lower quarter-on-quarter and 31% lower than for the same period last year. The income decline on a year-on-year comparison appears steeper as the first quarter of 2019 (1Q19) was the best quarter recorded last year, when earnings still managed to inch up. Meanwhile, earnings before interest and taxes (EBIT) in 1Q20 was lower by 26% at P719 million. Revenues for the period declined by 3% y-o-y to P5.7 billion.

D&L Industries Reports FY19 Results

March 5, 2020 - D&L Industries’ recurring income reached P2.6 billion, or earnings per share of P0.37, in full year 2019 (FY19). This is 18% lower than last year. Earnings before interest and taxes was lower by 13% at P3.5 billion. In the fourth quarter alone (4Q19), net income fell 25% y-o-y to P590 million, or earnings per share of P0.08. Earnings before interest and taxes for the quarter was lower by 18% y-o-y to P811 million.

Laurics and capric acid may provide protection against viruses

Coconut oil experts Dr. Mary Newport of Spring Hill Neonatology and Dr. Fabian Dayrit of Ateneo de Manila University have released a report on the potential of coconut oil in fighting viruses, and possibly the Novel Coronavirus.

D&L provides business solution to the potential ban on single-use plastics

D&L Polymers & Colours, Inc. (DLPC) and First in Colours, Inc. (FIC), fully-owned subsidiaries of D&L Industries, are ready to provide business solutions to companies given the potential ban on single-use plastics.

D&L Industries Reports 9M19 Results

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 Reports 1H19 Results

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 awarded as 'top-performing' by Institute of Corporate Directors