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Economy 1 MIN READ

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

May 5, 2022By Reuters
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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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