Q2 2025 D&L Industries Inc Earnings Call Transcript
Hi, everyone. Good morning. Welcome to the second-quarter briefing of D&L Industries. To discuss the results today, we have Mr. Alvin Lao, President and CEO of D&L Industries. After the presentation, a Q&A will follow. So I'll now hand over the presentation to Mr. Alvin Lao.
Hi, everyone. Good morning. Thanks for joining us. So today we will be discussing the second-quarter and first-half results of D&L. First, we go to the highlights. We can see that first half net income came in at positive 6% year on year to PHP1.4 billion. A lot of it is attributed to the good performance of the Batangas plant. So first half net income up by 6%.
In the second quarter, net income was up by 2% to PHP714 million. And so what happened in the second quarter is that coconut oil prices went up -- continued to go up, but we believe it has already peaked. But that increase in coconut oil prices resulted in very
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