Diversified engineering conglomerate DMCI Holdings, Inc. reported a 164 percent surge in core net income to P17.4 billion last year, the highest in its history, from the P6.6 billion earned in 2020. In a disclosure to the Philippine Stock Exchange, the firm said “Surging commodity prices,...
DMCI Mining posts record profit of P1.7-B By JAMES A. LOYOLA DMCI Mining Corporation nearly tripled its net income to P1.7 billion last year, its highest ever, from P575 million in 2020 on the back of record shipments coupled with surging nickel prices. In a disclosure to the Philippine Stock...
DMCI Holdings' Berong Nickel Corp. (BNC) in Quezon, Palawan is now facing depletion after 15 years of mining operation and will undergo rehabilitation, according to the company. BNC said in a statement that it will spend around P110 million to decommission the Palawan mining site and that it will...
Premier contractor D.M. Consunji Inc. (DMCI) reported that it has bagged P4.5 billion in new contracts and P2.6 billion in additional work from ongoing projects from January to September, raising its order book to P51.7 billion. In a disclosure to the Philippine Stock Exchange, its parent firm DMCI...
Diversified engineering conglomerate DMCI Holdings, Inc. more than tripled its consolidated net income to P13.5 billion in the first nine months of 2021 from P3.9 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, consolidated core net income soared 173 percent...
DMCI Holdings Inc. has declared a special cash dividend amounting to P6.37 billion in special cash dividends following a record high cash dividend declared by subsidiary Semirara Mining and Power Corporation. In a disclosure to the Philippine Stock Exchange, the firm said the special cash dividend...
DMCI Homes, the real estate development arm of DMCI Holdigns, is stepping up its vaccination drive for its workers to protect them from the SARS-COV2 virus amid the increased risk of transmission in construction sites due to new variants. Apart from providing incentives and recognition to workers...
DMCI Holdings Inc. reported that more than 4,100 DMCI Group employees and workers have received their first dose of a COVID-19 vaccine in partnership with various local government units (LGUs), ICTSI Foundation and Reliance United. A D.M. Consunji, Inc. employee receives a Moderna shot from a...
DMCI Holdings Inc., the diversified conglomerate controlled by the Consunjis, expects a strong recovery this year due although a return to its pre-pandemic performance is not seen until 2023. “We believe that our Company can stage a recovery this year on the back of higher construction...
The local stock market is seen to move sideways this week as the previous week’s trading shows that investors are not allowing the PSEi to drop too low while not having enough confidence to buy up share prices. “For trend watchers, the best case is for a sideways drift to appear in the next...
Diversified engineering conglomerate DMCI Holdings, Inc. reported that its profits shot up by 590 percent in the first quarter of the year to P4.3 billion from P616 million in the same period of 2020. In a disclosure to the Philippine Stock Exchange, the firm said this is because income drivers...
Diversified engineering conglomerate DMCI Holdings, Inc. reported that its profits shot up by 590 percent in the first quarter of the year to P4.3 billion from P616 million in the same period of 2020. In a disclosure to the Philippine Stock Exchange, the firm said this is because income drivers...
