PMEA Blog

MANILA, Philippines — Consunji-led DMCI Holdings improved its first semester net profit by 26 percent year-on-year to P5.3 billion as higher revenues from mining, real estate, electricity and water made up for the slack in its traditional construction business.

“Despite a slight dip in general construction and the non-inclusion of the steel fabrication business, significant growth in the coal and nickel mining segments along with the sustained improvement in the real estate, water and power segments caused the increase in the company’s bottom line,” the company reported to the Philippine Stock Exchange on Monday.

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