Tag: DMCI Holdings

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DMCI profit in 9-months down 22% as energy, construction weaken

Diversified conglomerate DMCI Holdings Inc. saw its nine-month net income drop 22 percent to P11.8 billion from P15.1 billion last year, dragged by weaker...

SBMA extends Subic Water franchise to 2047

Subic Water and Sewerage Company, Inc. and the Subic Bay Metropolitan Authority (SBMA) have signed an agreement that extends Subic Water’s franchise by another 20 years, ensuring the continued delivery and expansion of vital water and wastewater services in the freeport until 31 March 2047.

DMCI Holdings declares P7.97B cash dividends; Consunjis to get P5.4B

A month from now, the Consunji family will at least be P5.4 billion richer, in cash, following the decision of listed DMCI Holdings Inc. board to declare cash dividends that total P7.97 billion, or P0.60 per share.

DMCI Holdings reports 21% drop in 2024 net income

DMCI Holdings Inc., an investment holding company, reported a 21 percent drop in 2024 net income to P19.0 billion, hurt by weaker commodity and electricity prices, lower construction accomplishments, and a sluggish real estate market. 

Philippine companies populate Bloomberg Gender-Equality Index

Conglomerate DMCI Holdings Inc. and its unit Semirara Mining and Power Corp., plus two other listed firms form part of the 2023 Bloomberg Gender-Equality Index (GEI) for the third year in a series. 

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Electric cooperatives demand energy reforms as Visayas power grid struggles 

Persistent power alerts in the Visayas have prompted the Philippine Rural Electric Cooperatives Association Inc. (PHILRECA) to call for major government-led structural reforms in the energy sector.

Nestlé PH pours nearly P500M into Batangas plant to boost chocolate drink production

Nestlé Philippines has committed nearly P500 million to expand its manufacturing facility for Chuckie chocolate drink in Tanauan City, Batangas, marking a major move to scale up output and respond to rising consumer demand.

Filinvest opens energy-efficient tech to external clients 

Filinvest Group has rolled out two key energy efficiency initiatives: an EV charging station at Festival Mall in Muntinlupa City, and broader availability of its high-efficiency district cooling systems for companies outside its portfolio.

Gov’t delivers swift aid and support for weather-hit farmers 

The Department of Agriculture (DA) and Department of Agrarian Reform (DAR) are rolling out urgent financing and recovery measures to help farmers and fisherfolk overcome hardships brought by recent habagat and typhoons.

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