Manila Electric Company’s (Meralco) local retail electricity supplier has partnered with Conunsji-led DMCI Homes to become the first real estate firm to switch to the Retail Aggregation Program (RAP). In a statement on Tuesday, June 17, MPower announced that it will onboard DMCI Homes’...
DMCI Homes, the residential development arm of Consunji-led DMCI Holdings Inc., sees encouraging signs amid the supply glut in the Metro Manila market as it reports strong buyer engagement and interest in its projects while sales of ready-for-occupancy (RFO) units jumped significantly. DMCI Homes...
Consunji-led DMCI Homes reported that it has so far booked ₱4.9 billion in reservation sales for Moncello Crest in Tuba, Benguet—the company’s second project under its leisure brand, DMCI Homes Leisure Residences. Launched in May 2024, 84 percent of the nearly 700 condotel units in the...
With its earnings now starting to recover, Consunji-led DMCI Homes still expects that it will take about two years before its performance returns to pre-pandemic levels, as it continues to deal with excess inventories while sales are still affected by higher interest rates. In an interview, DMCI...
DMCI Holdings Inc. of the Consunji family reported strong growth in its residential, mining, and water businesses in the first quarter of 2025, but this was offset by its coal, construction, and cement units. In a disclosure to the Philippine Stock Exchange, the firm reported a net income of ₱5.1...
Consunji-led DMCI Holdings Inc. is cautiously optimistic about the operating performance of the group in the short and medium term based on the bullish prospects of its power, mining, and water. During the firm’s annual stockholders’ meeting, DMCI Chairman Isidro A. Consunji said the...
Consunji-led Concreat Holdings Philippines, the former Cemex Holdings Philippines Inc., takes a major step towards returning to profitability with the start of operations of its new production line in Antipolo City. In a disclosure to the Philippine Stock Exchange, the firm said the new production...
Signing ceremony at the SBMA Corporate Boardroom on March 20, 2025. From left to right: Olongapo City Mayor Rolen Paulino Jr., SBMA Chairman and Administrator Eduardo Jose L. Aliño, Subicwater Chairman Apollo C. Tiglao, and Subicwater CEO Benjamin E. Antonio III Subic Water and...
Consunji-led DMCI Holdings Inc. has declared ₱7.97 billion or ₱0.60 per share in total cash dividends following board approval in a special meeting. In a disclosure to the Philippine Stock Exchange, the firm said the declared amount includes a regular dividend of ₱0.35 per share and a special...
DMCI Holdings Executive Vice President and Chief Finance Officer Herbert Consunji Consunji-led DMCI Holdings Inc. is allotting about ₱70 billion for capital expenditures (capex) this year—including investments of affiliate Maynilad Water Services Inc., making its budget 45 percent more...
Manuel V. Pangilinan-led First Pacific Co. Ltd. is directly investing ₱726.29 million in Maynilad Water Services Inc. through its ₱49 billion initial public offering (IPO) to offset a small portion of the dilution in the stake of subsidiary Metro Pacific Investments Corp. (MPIC). In a...
Diversified engineering conglomerate DMCI Holdings Inc. of the Consunji Group reported a 21 percent drop in net income to ₱19 billion in 2024 from ₱24 billion in 2023 due to the impact of weaker commodities and electricity prices, lower construction accomplishments, and an anemic real estate...
