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DMCI unit poised to turn over Masbate coal-fired power plant

CONSUNJI-LED DMCI Power Corp. is conducting testing and commissioning of its 15-megawatt (MW) coal-fired power plant in Masbate to replace its existing facility in the off-grid island in Bicol that runs on diesel fuel.

DMCI Homes launches new condo in Pasay City

DMCI Project Developers, Inc. has launched a new residential condominium in Pasay City, targeting first-time homeowners and young families.

DMCI’s Verdon Parc Davao project rakes in P5 billion

DAVAO CITY — Sales from DMCI Project Developers, Inc.’s (DMCI Homes) residential project here, the Verdon Parc complex, has hit P5 billion as of June this year with more than half of the 2,204 units already sold.

DMCI income falls in 2nd quarter

EARNINGS of DMCI Holdings, Inc. fell by a fifth in the second quarter of 2019, weighed down by lower coal prices and higher replacement power costs.

DMCI boosts land bank to 150 hectares as of March

DMCI PROJECT Developers, Inc. has increased its land bank to 150 hectares worth P10.2 billion by end-March, supporting its aggressive expansion plans across the country.

DMCI Q1 earnings decline 26%

DMCI Holdings, Inc. saw its attributable profit decline by a fourth in the first three months of 2019, weighed down by lower earnings from Semirara Mining and Power Corp. (SMPC).

DMCI Mining sees challenging year as mine remains shut

THE MINING unit of DMCI Holdings Corp. expects a “tough” year ahead as its inventory will soon run out, while its Zambales plant has yet to secure the go signal to resume operations.

DMCI to launch 10 projects

DMCI HOMES is unveiling 10 new projects worth P104 billion this year, including developments in Davao City and Cebu.

DMCI property unit on track to hit P40-B reservation sales

THE property unit of DMCI Holdings, Inc. remains on track to reach its P40-billion target for reservation sales this year, following the strong demand for its projects in Mandaluyong and Pasig.

DMCI unit secures contracts worth P10B

D.M. CONSUNJI, Inc. (DMCI) secured P10.6 billion worth of new contracts in the first nine months of 2018, as it was engaged mostly by private firms for building projects.

Semirara drags DMCI Holdings’ net income lower in Q3

CONSUNJI-LED DMCI Holdings, Inc. reported a 44% drop in earnings for the third quarter of 2018, weighed down by the weakness of its coal energy business that makes up around half of its portfolio.

DMCI Power sales jump 20% in 2nd quarter

SALES OF DMCI Power Corp. (DPC) rose by a fifth in the second quarter of 2018, driven by the demand for electricity in Palawan, Mindoro, and Masbate.

Property developers building more dorm-type condos

By Arra B. Francia, Reporter More property developers are developing residential condominiums near educational institutions, as they aim to take advantage of the lack of...

DM Consunji first-half net income up 36%

The construction arm of DMCI Holdings, Inc. grew its net income by 36% in the first six months of 2018, fueled by its building...

DMCI profit hits P5 billion in Q2

DMCI Holdings, Inc. registered a net income of P5 billion in the second quarter, up by nearly 39% compared with the P3.6 billion posted a year ago, with most of its business segments performing well except for the power business.

NCCC partners with DMCI for new mall, condominium at burnt site

THE NCCC Group of Companies is partnering with DMCI Homes for the construction of a new shopping mall with a condominium at the site of its Ma-a property that was razed by fire last December, killing 39 people.

DM Consunji eyeing Japanese partner for NSCR civil works bid

DM CONSUNJI, Inc. is currently in talks with a Japanese partner to form a consortium that will bid for the construction contract for the North-South Commuter Rail (NSCR) traversing Malolos to Tutuban.

DMCI Mining sees flat nickel sales in Q1

DMCI Mining Corp. reported its nickel shipments stood at 156,000 wet metric tons (WMT) during the first quarter, flat compared to the same period a year ago.

DMCI unit’s energy sales up 17% in Q1

DMCI Power Corp. recorded a 17% increase in its energy sales in the first quarter to 63 gigawatt-hours (GWh) from 54 GWh, after the...

DMCI raises capex to over P40B this year

By Victor V. Saulon, Sub-Editor DMCI Holdings, Inc. is setting aside P40.7 billion in capital expenditures this year, the bulk of which will go into...

DMCI sets P40.7-billion capex for 2018

DMCI Holdings, Inc. is setting aside P40.7 billion in capital expenditure this year, the bulk of which will go into its property and integrated...

DMCI expects ‘modest growth’ in 2018 despite mine closures

DMCI Mining Corp. on Friday said that it is expecting “modest growth,” even as it awaits the resolution of its appeals to the Office...

DMCI net income up 16%

EARNINGS of DMCI Holdings, Inc. climbed last year, buoyed by the double-digit growth of the coal energy, real estate and construction segments, as well...

DMCI posts 16% growth in net income

Earnings of DMCI Holdings, Inc. climbed last year buoyed by the double-digit growth of the coal energy, real estate and construction segments as well...

DMCI Homes expands QC condominium project

DMCI HOMES, Inc. unveiled on Thursday the second tower for its residential condominium project in Quezon City (QC) called Infina Towers, targeting both investors...

DM Consunji bags P3.5B worth of contracts in Q3

DM CONSUNJI, Inc. secured contracts amounting to P3.5 billion in the third quarter, mostly to develop residential condominium projects. In a statement issued over the...

DMCI earns P4.1 billion in 3rd quarter

By Krista A. M. Montealegre, National Correspondent DIVERSIFIED ENGINEERING conglomerate DMCI Holdings, Inc. saw its net profit increase by nearly a fifth in the third...

DMCI founder David Consunji passes away

By Arra B. Francia, Reporter CONSTRUCTION tycoon David M. Consunji died on Monday at the age of 95. The founder and chairman of DMCI Holdings, Inc. was...