Jan-Sept earnings flat at P1.81B due to new plant costs, D&L says

By Earl John Alfaro

Nov 07, 2024 12:19 am

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.

Net income for the third quarter fell 11 percent year on year to P493 million from P552 million.

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