D&L Industries Inc. is eyeing a higher profit this year should it sustain its first quarter performance, its top executive said. "In the first quarter, we had P695 million net income, that's recurring net income. Despite the delays, Lao assured that their existing facilities will be able to cater to their current requirements. D&L said they are looking to issue P3 billion up to P5 billion of bonds with a tenure of three to five years. Shares of D&L gained 11 centavos or 1.39 percent to close at P8.05 apiece on Monday.

Source: Manila Times June 07, 2021 17:02 UTC