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Economy 1 MIN READ

BRIEF-D&L Industries Says 1Q22 Net Income At 780 Million Pesos, Up 12%

May 5, 2022

By Reuters

May 5 (Reuters) – D&L Industries:

1Q22 NET INCOME AT 780 MILLION PESOS, UP 12%
SEES A CONTINUED BUILD UP IN MOMENTUM AND RENEWED BUSINESS OPTIMISM FOR FURTHER RECOVERY
REMAINS COMMITTED TO BATANGAS EXPANSION WHICH IS SET TO START COMMERCIAL OPERATIONS IN JAN 2023
TOTAL CAPEX EXPECTED AT 9.1 BILLION PESOS FOR BATANGAS PROJECT

Source text for Eikon: ID:nPSX6TYjqk

Further company coverage: DNL.PS

((Reuters.Briefs@thomsonreuters.com;))

This article originally appeared on reuters.com

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