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D&L Industries Inc. said its first half profit hit P1.4 billion, up 74 percent from P802 million last year as all segments posted significant recovery year-on-year with consolidated income at pre-pandemic levels.
Sales reached P13.91 billion, up 37 percent from last year’s P10.17 billion.
Alvin Lao, D&L president, said the company is confident of hitting its 2019 earnings level of P2 billion this year, and may hit its record earnings of P3 billion and above posted in 2018 by next year.
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