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...
Senate President Francis “Chiz” Escudero on Thursday, March 6 welcomed the announcement of a joint venture between Nickel Asia Corporation and DMCI Mining Corporation to develop a nickel processing plant in the country. He called the partnership a “monumental stride” in adding...
Nickel Asia President and CEO Martin Antonio G. Zamora and DMCI Mining President Tulsi Das C. Reyes The Consunji Group’s DMCI Mining Corporation, an emerging nickel producer, and Zamora-led Nickel Asia Corporation have teamed up to explore the feasibility of developing and operating a...
DMCI Homes, the residential unit of DMCI Holdings Inc., is still optimistic about the real estate market despite current challenges, emphasizing that housing remains an essential need for many Filipinos. In a statement, DMCI Homes President Alfredo Austria said that, as new families and households...
Emerging nickel producer DMCI Mining Corporation, a member of the Consunji Group, is ramping up output and earnings as it triples the number of its operating mines to three this year, up from just one for most of 2024. In a disclosure to the Philippine Stock Exchange, the firm said it plans to...
DMCI Homes, the residential real estate unit of DMCI Holdings, is looking to hire over 1,000 skilled workers to build the P24 billion Kalea Heights, marking its expansion to Cebu City. In a statement, the firm said it is looking for construction workers, engineers, architects, accountants, sales...
DMCI Holdings Inc., the flagship of the Consunji family, now expects its newly-acquired cement firm, Concreat Holdings Philippines Inc. (CHP), formerly Cemex Holdings Philippines Inc., to return to profitability in three years instead of the initially projected one year. In an interview, DMCI Chief...
Off-grid energy provider DMCI Power Corporation (DPC), a DMCI Holdings subsidiary, announced that its first renewable energy (RE) project will begin operations this year. In a disclosure to the Philippine Stock Exchange (PSE) on Thursday, Jan. 16, DPC stated that the Semirara Wind Project aims to...
The Consunji Group’s DMCI Holdings Inc. may be shelving its plan to develop a new cement manufacturing plant on Semirara Island that would have utilized by-products from the coal mining operations of Semirara Mining and Power Corporation (SMPC). In an interview, DMCI Chief Finance Officer Herbert...
