D&L Industries Inc (PHS:DNL)
₱ 6.8 -0.02 (-0.29%) Market Cap: 48.57 Bil Enterprise Value: 61.28 Bil PE Ratio: 20.00 PB Ratio: 2.34 GF Score: 93/100

Q2 2024 D&L Industries Inc Earnings Call Transcript

Aug 13, 2024 / 12:00AM GMT
Release Date Price: ₱6 (+2.56%)
Alvin Lao
D&L Industries Inc - President, Chief Executive Officer, Director

Good morning, everyone.

Operator

Yes, hi, everyone. Good morning. welcome to the second quarter of D&L industries. Here with us today is Mr. Alvin Lao, President and CEO of D&L Industries to discuss the results. Without further ado I will now turn over the call to Alvin.

Alvin Lao
D&L Industries Inc - President, Chief Executive Officer, Director

Hi, Everyone. Good Morning. Today we are closing first half results for 2024. So straight to the highlights we're happy to report that for the first half of the year, we had net income increased by 6% compared to last year and actually on a quarter-on-quarter basis, we're doing quite well with net income up by 13%. So this is second quarter of the year versus first quarter of this year as well.

And we have other highlights such as our high margin specialty products volume or HMSP volume is up by 33% year on year. And this is the fourth consecutive quarter. That volume is up for this

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