D&L Industries sees profits growing by at least 10% in 2024

MANILA, Philippines — The Lao family-led D&L Industries Inc. is banking on easing debt costs and higher earnings from its new manufacturing plant in Batangas as it aims to grow 2024 profits by at least 10 percent. D&L, the country’s biggest manufacturer of food ingredients and other oleochemicals, saw net income drop 31 percent to
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