DMCI 2023 earnings dip from near-record 2022 profit By James A. Loyola Diversified engineering conglomerate DMCI Holdings, Inc. reported a 20 percent decline in consolidated net income to P24.9 billion last year from the near-record P31.1 billion it earned in 2022. “We saw sharp corrections in...
DMCI Homes, the Consunji Group’s residential arm, is set to launch its latest leisure development, an eco-agri mountain resort condotel in the town of Tuba, Benguet, following the success of its first leisure property, in San Juan, Batangas. In a statement, the firm said Tuba is an ideal location...
DMCI Holdings Inc. is maintaining a cautiously optimistic outlook for 2024 even as the previous year was fairly good for the diversified engineering conglomerate despite being beset by global market uncertainties, volatile prices, and high interest rates. In a disclosure to the Philippine Stock...
Consunji-owned DMCI Holdings reported a 28 percent drop in net income to P20 billion for the first nine months of 2023 from P27.6 billion in the same period last year due to normalizing coal and nickel prices. In a disclosure to the Philippine Stock Exchange (PSE), the firm’s revenues also...
DMCI Mining Corporation expects to surpass its 2022 nickel ore production and shipments after recording notable improvements in the first semester, even as it expects two new mines in Zambales with combined investments of over P500 million to start operations within a year. In an interview, DMCI...
DMCI Homes reported that reservation sales for its inaugural venture into the leisure property market, Solmera Coast in San Juan, Batangas, DMCI Homes' have surged past the P5.6 billion mark since its launch last Aug. 7. The residential business of the Consunji family’s DMCI Holdings Inc....
Diversified engineering conglomerate DMCI Holdings of the Consunji family reported a consolidated net income of P15.9 billion in the first semester, a 22 percent decrease from P20.3 billion last year due. In a disclosure to the Philippine Stock Exchange, the firm said this is due to lower...
DMCI Holdings Inc. and subsidiary Semirara Mining and Power Corporation have been included as members of the prestigious 2023 Bloomberg Gender-Equality Index (GEI) for the third consecutive year. Bloomberg GEI is a modified market capitalization-weighted index that aims to track the performance of...
The composition of the Philippine Stock Exchange’s 30-stock benchmark, the PSE index (PSEi) will see some changes starting Feb. 6, 2023. In a statement, the bourse said DMCI Holdings, Inc. (DMC) and Union Bank of the Philippines (UBP) will be included in the PSEi, replacing Megaworld Corporation...
Diversified engineering conglomerate DMCI Holdings and its energy subsidiary Semirara Mining and Power Corporation (SMPC) have been recognized for their corporate governance performance by the Institute of Corporate Directors (ICD). DMCI Holdings received the 2 Golden Arrow recognition while SMPC...
The Consunji family, possibly through DMCI Holdings Inc., is considering expanding its agriculture business to include large-scale palm oil production while generating carbon credits at the same time. “Our family has agriculture investment in Mindanao, we think that we can probably leverage that...
Diversified engineering conglomerate DMCI Holdings reported its highest-ever second quarter and first half net income as all its subsidiaries delivered exceptional growth during the reporting periods. In a disclosure to the Philippine Stock Exchange, the firm said its second quarter consolidated...
