SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C
CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported) Aug 10, 20222. SEC Identification Number 448523. BIR Tax Identification No. 000-421-957-0004. Exact name of issuer as specified in its charter D&L Industries, Inc.5. Province, country or other jurisdiction of incorporation Metro Manila, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 65 Calle Industria, Bagumbayan, Quezon CityPostal Code11108. Issuer's telephone number, including area code (02) 8635-06809. Former name or former address, if changed since last report N/A10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON
7,142,857,990
11. Indicate the item numbers reported herein -
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
D&L Industries, Inc.DNL
PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
D&L Industries posts record 1H22 earnings
Background/Description of the Disclosure
- 1H22 net income higher by 17% at P1.6bn and 2Q22 net income higher by 22% at P851mn, despite Omicron surge in January and sharp increase in commodity prices
- Strong export performance continued with 1H22 export sales up 69% YoY; export contribution to total sales at 34%
- HMSP margins started to recover, up 1.7ppts QoQ
- Continued optimism despite increasing COVID case counts as mostly mild cases are being reported
- D&L once again recognized as among the honored companies in Asia by Institutional Investor
Other Relevant Information
Please see attached file.
Filed on behalf by:
Name
Kristine Ann Catindig-Ong
Designation
Corporate Legal Counsel/Corp. Information Officer
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D&L Industries Inc. published this content on 10 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2022 01:03:02 UTC.
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.