D&L Industries, Inc. (DLNDY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hi, everyone. Good morning. Welcome to the third quarter results briefing of D&L Industries. To discuss the results, we have Mr. Alvin Lau, President and CEO of D&L Industries. After his presentation, we will have a Q&A portion. I'll now hand over the presentation to Alvin. Good morning, everyone. Thank you for joining us today for The results presentation for the third quarter of 2025. So our highlights are that we were able to increase net income by 8% for the first nine months of the year. And compared to the third quarter last year, net income was higher by 12% for this year's third quarter. So we saw volume growth coming in at a pretty good level, at 11% up, despite the much higher coconut oil prices we're experiencing this year compared to previous years. Our exports continue to do well with the growth in gross profits from exports. It's up by 22% year on year. Our capex continues to be very manageable, so continuing to trend lower and so giving us a lot of more cash in our cash flow. And the final point there is that this year definitely has been challenging, but we continue to be confident and we continue to perform despite the challenges. So the first slide here, we see how we did in terms of net income in previous years, as well as the first nine months of the year, comparing it this year's versus last year's first nine months. And so you can see there the nine-month net income coming in at 1.5%. nine five billion pesos so slightly below two billion pesos and then here you can see how batangas plant is continuing to perform so uh still profitable and so uh you can say that for four consecutive quarters the batangas plant has been profitable um and we have mentioned before that this is actually ahead of our expectations we were not expecting the batangas pla...