Tag: DMCI Holdings

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

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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

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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

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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

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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

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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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Manila Water units roll out El Niño‑focused upgrades to boost North Luzon water resilience

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Manila Water Philippine Ventures (MWPV), the non‑east zone arm of Manila Water, is stepping up preparations across Pangasinan and Isabela — areas flagged by state weather bureau PAGASA as prone to dry spells through late 2026, with drought risks extending into early 2027 — to keep water supplies steady amid the El Niño weather pattern.

DALI operator posts persistent shortfalls despite strong sales growth in 2025

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Hard Discount Philippines Inc., the firm behind discount retail chain DALI, recorded an accumulated shortfall of P1.03 billion as of the close of 2025, marking five straight years of operating losses for the local hard‑discount player. In its audit report for the year, Sycip Gorres Velayo and Co. (SGV) flagged significant uncertainty over the company’s ability to keep running as a going concern, citing deepening financial gaps even as top‑line sales expanded rapidly.

BSP backs greater use of statistics to speed up industrial and economic growth 

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The Bangko Sentral ng Pilipinas (BSP) has thrown its support behind wider use of statistical data to guide policy moves and help push the country’s economic and industrial expansion forward, during the closing program of the 37th National Statistics Month held at the central bank’s main office in Manila.

ACMobility opens Bohol’s first public EV charging hub

Mobility 0
ACMobility has opened what it calls Bohol’s first publicly accessible electric vehicle charging hub, extending its Visayas network and adding charging infrastructure in a province where tourism and inter-island mobility could help drive EV adoption.

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