D&L Industries Allocates ₱1B for Batangas Plant Expansion

D&L Industries Inc. is set to invest ₱1 billion in the expansion of its Batangas plant, a key facility for its food ingredients and industrial chemicals production.

According to D&L President Alvin Lao, this year’s capital expenditure is lower than ₱1.16 billion spent in 2024, as major construction phases have already been completed.

“Capex peaked at ₱3.5 billion in 2022, and it will continue to decrease. While we are still making minor expansions, they are on a much smaller scale,” Lao stated.

Batangas Plant’s Growing Contribution

📈 2024 Net Income: ₱244 million
📈 Q4 2024 Earnings: ₱248 million

Lao expects the plant’s earnings to continue increasing in 2025, with projections of higher lows and higher highs in the coming quarters.