D&L Industries, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 11, 2023 at 09:44 pm EDT
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D&L Industries, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was PHP 8,414.2 million compared to PHP 9,995.58 million a year ago. Net income was PHP 594.24 million compared to PHP 779.87 million a year ago.
Basic earnings per share from continuing operations was PHP 0.08 compared to PHP 0.11 a year ago. Diluted earnings per share from continuing operations was PHP 0.08 compared to PHP 0.11 a year ago.
D&L Industries, Inc. is a Philippines-based holding company. The Company, through its subsidiaries, operates in four segments: Food ingredients segment, which is engaged in manufacturing a line of industrial fats and oils, specialty fats and oils, and culinary and other specialty food ingredients; Colorants and plastic additives segment, which manufactures a line of pigment blends, color and additive master batches, and engineered polymers for a range of applications; Oleochemicals, resins and powder coatings segment, which manufactures coconut methyl ester, other oleochemicals or chemicals derived from vegetable oils, resins, such as polystyrene, acrylic emulsions and polyester, and a line of powder coatings; Aerosols segment, which manufactures aerosol cans and components, and provides contract aerosol filling and compounding services, and Management and administrative segment, which provides goods and services through a contractual shared services model.
D&L INDUSTRIES, INC. 
