D&L Industries Posts 5% Growth With P717M Net Income In Q1 2026

Specialty chemicals and food ingredients maker D&L Industries Inc. posted a 5% growth in its net income to P717 million in the first quarter of 2026.

In a virtual briefing on Wednesday, D&L president and CEO Alvin Lao said that “earnings growth was mainly driven by the improvements in margins, as well as the consistent profitability at our Batangas plant, which booked its sixth consecutive profitable quarter.”

“Despite a continued challenging first quarter, we delivered 5% earnings growth, underscoring the resilience of our business model," Lao said.

"Over the past periods, we have navigated significant volatility—from a sharp surge in coconut oil prices, one of our key raw materials, to the recent oil price shocks arising from geopolitical tensions in the Middle East,” he added.

The D&L chief said that the essential nature of our products, catering to basic needs, provides a stable foundation even during periods of disruption.

“At the same time, our diversified business model offers resilience, allowing strength in one segment to offset softness in another,” Lao said.

D&L’s revenues stood at P12.8 billion, down 10% year-on-year amidst uncertainty and a volatile business environment due to the Middle East war. –NB, GMA News