C05504-2020

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Aug 5, 2020
2. SEC Identification Number
44852
3. BIR Tax Identification No.
000-421-957-000
4. Exact name of issuer as specified in its charter
D&L INDUSTRIES, INC.
5. Province, country or other jurisdiction of incorporation
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
65 Industria St., Bagumbayan, Quezon City Postal Code 1110
8. Issuer's telephone number, including area code
(02) 8635-0680
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON 7,142,857,990
11. Indicate the item numbers reported herein
-

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

D&L Industries, Inc.DNL

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

D&L Industries Reports 1H20 Results

Background/Description of the Disclosure

● 1H20 net income at P802 million
● Revenues down by 8% y-o-y to P10.2 billion
● Export sales up 41% y-o-y in 2Q20; contribution to total sales at 31%
● Sales mix tilted towards commodities, with demand for the period focused on basic raw materials
● Net gearing at 8%; Cash conversion cycle better with stable A/R days

Other Relevant Information

Please see attached.

Filed on behalf by:
Name Kristine Ann Catindig-Ong
Designation Corporate Legal Counsel/Corp. Information Officer