$DNL 9M24 earnings +1% YoY; 3Q earnings -11% YoY due to expenses related to newly commissioned lines in Batangas; Export outpaces domestic growth w/ sales+38%, GP+24%; Double-digit vols growth (+32%YoY) signifies underlying biz strength, new lines are indication of future growth

Last day today to tweet your entries $DNL #DNLPrice2024

“In our view, the apparent trade tensions between the US and China present opportunities for companies like us to supply to companies who cannot source from either the US or China. Our new plant in Batangas gives us the capacity and capability to cater to bigger export customers.

Despite global uncertainties and unprecedented increase in raw material prices, $DNL managed to book a 10% YoY earnings growth in 1Q25 as Batangas plant continues to ramp up operations; Total vols +33%; Export sales at record levels +69% YoY; Return ratios started to improve -

$DNL 1H25 NI +6% YoY to ₱1.4B; 2Q25 +2% YoY to ₱714M amid record-high CNO prices. Margins up QoQ, exports +30% YoY (38% of GP). Mgmt sees stronger 2H, eyes double-digit FY25 NI growth. Lao family continues to buy shares; 4.4% div yield at current levels Alvin Lao

$DNL stock update - Yesterday, $DNL was removed from the MSCI PH Small Cap Index. ~95M shares traded (₱445M value) with net foreign outflows of ₱222M. Passive selling drove the stock down -6.6%. At current levels, $DNL trades at 12.8x P/E with a 5% dividend yield.

Philippine Coconut Authority Honors $DNL Subsidiary Chemrez as the Coconut Industry’s Most Diversified and Innovative Company; cites CSR Leadership link to full disclosure: edge.pse.com.ph/openDiscViewer…

$DNL subsidiaries DLPF & NAC have secured Pioneer Status from PEZA, granting an additional 2 years of Income Tax Holiday. $DNL Batangas plant is now entitled to a total 6-year ITH (Jul 2023–Jun 2029) Link to full disclosure : edge.pse.com.ph/openDiscViewer…

$DNL 9M25 net income +8% YoY (3Q25 +12%). Volume up 11% YoY despite record-high coconut oil prices. Exports driving growth with GP +22% in 9M25. Capex trending lower, paving the way for deleveraging. At current market levels, the stock offers an attractive ~4.7% dividend yield