LISTED D&L Industries Inc. (DNL) is allotting a lower capital expenditure (capex) of around P1 billion this year from last year's P1.6 billion, which was mostly used to fund minor expansions of its new Batangas plant to meet increased demand for some of its products.
LISTED D&L Industries Inc. (DNL) saw net income grow by 2 percent to P2.339 billion last year from P2.295 billion in 2023, supported by higher revenues and earlier-than-expected profitability from its new Batangas plant.
Chemical manufacturer D&L Industries Inc., through its subsidiary D&L Polymer and Colours Inc., said it has developed a technology that can make sustainable plastics by incorporating plant fibers, such as abaca or spider lilies. DLPC President and CEO Lester A. Lao said the plant fiber-plastics technology will have a wide…
Chemical manufacturer D&L Industries Inc. is more optimistic about its earnings prospects for this year than in 2024, when consumers grappled with high prices. D&L President Alvin D. Lao said this optimism is due to easing inflation and interest rates, the increase in spending for the midterm elections and the…
LISTED D&L Industries Inc. (DNL) is optimistic about earnings prospects for 2025 amid easing inflation, lower interest rates and a continued economic recovery, with the upcoming midterm elections in May also expected to provide an added boost.
LISTED industrial firm D&L Industries Inc. reported a recurring income of P1.81 billion, just 1 percent higher than last year's P1.79 billion, as incremental expenses from its newly commissioned lines at its Batangas plant weighed on its third-quarter earnings.
CHEMICAL manufacturer D&L Industries Inc. (PSE: DNL) announced it has secured another LEED Gold certification from Barone International Inc. for the operations and maintenance of LBL Building, the company’s head office in Quezon City. Over the 12-month observation period, DNL’s head office building demonstrated that its operations consistently meet LEED…
D&L Industries Inc., the country’s leading specialty food ingredients and oleochemicals producer, has reinforced further its sustainability push after securing another LEED Gold certification.
D&L Industries Inc. said its wholly-owned unit Chemrez Technologies Inc. is already operating its coco-biodiesel plant at “an optimal capacity,” as oil firms are ramping up their orders to comply with the 3-percent biodiesel blend (B3) mandate which takes effect on October 1. In an interview during a media tour…
Last week Share prices rose for the third straight week after the United States Federal Reserve reduced its policy rate by 50 basis points (bps) for the first time since the outbreak of Covid-19 in 2020. The benchmark Philippine Stock Exchange index gained 229.47 points, or 3 percent, to close…
LISTED industrial firm D&L Industries Inc. reported a recurring net income of P1.3 billion for the first half of 2024, a 6 percent increase from last year's P1.2 billion, as its Batangas plant had turned profitable.
Given the uncertain macroeconomic backdrop, BDO Securities said investors should consider quality names in consumer, banks, property and conglomerates, or sectors which it expects to still benefit from positive reopening dynamics and offer healthy earnings growth at reasonable valuations.