D&L Industries, Inc. Reports Earnings Results for the Full Year Ended December 31, 2022
April 17, 2023 at 09:20 pm EDT
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D&L Industries, Inc. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was PHP 43,379.42 million compared to PHP 30,755.1 million a year ago. Revenue was PHP 43,484.55 million compared to PHP 30,855.26 million a year ago.
Net income was PHP 3,317.52 million compared to PHP 2,642.7 million a year ago. Basic earnings per share from continuing operations was PHP 0.46 compared to PHP 0.37 a year ago. Diluted earnings per share from continuing operations was PHP 0.46 compared to PHP 0.37 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. 
