DMCI Holdings Inc. posted a 26 percent increase in consolidated net income for the first half of the year to ₱11.4 billion compared with ₱9 billion in the same period last year, buoyed by record earnings from nickel mining and a sharp reduction in losses from its cement operations. The...
CALAPAN CITY, Oriental Mindoro – Oriental Mindoro Electric Cooperative (ORMECO), the lone electricity distributor here, announced Wednesday that it purchased a total of 43.09 million kilowatt hour (kWh) from 10 power suppliers last July. DMCI Power Corp. topped the list with 20.16 percent. Second...
DMCI Project Developers Inc. (DMCI-PDI), the real estate unit of DMCI Holdings Inc., is diversifying into the competitive prime office leasing business with the planned development of the ₱1.2-billion One Fortis Plaza in Makati City. In a statement on Thursday, Aug. 6, the firm said One Fortis...
Mid-market builder DMCI Homes Inc. is wagering on the country’s booming domestic tourism market by launching a new hospitality arm. DMCI Holdings Inc. will debut its hospitality brand with the February 2027 opening of the Solmera Beach Park Resort. The project is situated within its...
DMCI Mining Corp., the nickel mining unit of Consunji-led DMCI Holdings Inc., expects this year to mark the start of a years-long growth trajectory after expanding its mining capacity through the commercial operations of its Long Point mine in Palawan. Tulsi Das Reyes, president of DMCI Mining...
Diversified engineering conglomerate DMCI Holdings Inc. expects mixed performance across its subsidiaries this year as geopolitical tensions in the Middle East and regulatory uncertainty surrounding its coal mining assets weigh on the group’s outlook. Speaking at the company’s annual...
DMCI Holdings Inc. reported a slight decline in first-quarter profit as weaker returns from its coal and water units tempered gains in its real estate and mining divisions. The engineering conglomerate controlled by the Consunji family said that consolidated net income fell two percent to ₱4.9...
Consunji-led Concreat Holdings Philippines Inc. (CHP), formerly Cemex Holdings Philippines Inc., remains confident of its three-year target to return to profitability set last year despite the ongoing oil crisis. “I ’ m still confident, very, very confident, in turning around the company in...
Rising fuel prices are beginning to ripple across the sprawling operations of DMCI Holdings Inc., exposing the vulnerabilities of a diversified conglomerate whose businesses—from mining to cement to property—depend heavily on steady and affordable energy supply. For DMCI, the challenge is no...
Diversified engineering conglomerate DMCI Holdings Inc. is increasing its capital expenditure (capex) budget by 11 percent this year to ₱24.6 billion from ₱22.2 billion in 2025, mainly for the expansion of its residential and off-grid power businesses and strategic improvements in cement...
DMCI Homes, the residential arm of engineering conglomerate DMCI Holdings Inc., is embarking on a massive upscaling of its 130-hectare Acacia Estates in Taguig City, beginning with a ₱4.5 billion redevelopment of its commercial core. In a briefing, Alfredo Austria, DMCI Homes president, said the...
Consunji-led Semirara Mining and Power Corp. (SMPC) sought to calm investors who have been selling down its stock, as well as that of parent company DMCI Holdings Inc., by expressing confidence it will win the bid for a new coal operating contract (COC) after the government said it will not extend...
