D&L 9-month profit down 15% to P2B

By Tyrone Jasper C. Piad

Nov 05, 2019 9:30 pm

D&L Industries Inc. remains optimistic that it would post better financial results in the coming months after its earnings plunged by double digits in the first three quarters of 2019.

In a briefing in Makati City on Tuesday, D&L said its net income dropped by 15 percent to P2.03 billion in the January-to-September period from P2.4 billion year-on-year.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.