Biz exec expresses optimism amid elevated inflation rate

Detailed summary

The elevated domestic inflation rate has little effect on the operations of product customization and specialization company D&L Industries ...

MANILA – The elevated domestic inflation rate has little effect on the operations of product customization and specialization company D&L Industries after it posted a 15 percent net income expansion at the end of September.

In a disclosure with the Philippine Stock Exchange (PSE) on Friday, the company, which produces oleochemicals and specialty plastics and food products, said its net income in the first nine months of the year rose to PHP2.24 billlion, from PHP1.95 billion in September 2025.

Revenues rose 32 percent on an annual basis to PHP735 million compared to year-ago's PHP554 million.

“While the business environment continues to be challenged by unresolved geopolitical tension, local inflationary pressure, coupled with a depreciating peso and higher interest rates, the company was able to post earnings growth of 15 percent for the first nine months of 2026,” D&L president and chief…

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