D&L Industries Inc. is eyeing a higher profit this year should it sustain its first quarter performance, its top executive said.
"In the first quarter, we had P695 million net income, that's recurring net income. So, if you multiply that by four, you're going to get almost P2.8 billion," D&L President and Chief Executive Officer Alvin Lao told reporters in a virtual briefing after the company's stockholders' meeting on Monday.
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