D&L Industries on track with 2013 income target

After registering a significant increase in its first-half income, listed D&L Industries said that it is on track in hitting its full-year income target, which was pegged at more than P1 billion.

Alvin Lao, D&L Industries executive vice president and chief financial officer, said in a media briefing that given the income growth it registered in the first half of the year, the company is poised to register a record profit.