DMCI Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 31, 2023 at 01:27 am EDT
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DMCI Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was PHP 4,214.01 million compared to PHP 3,841.58 million a year ago. Revenue was PHP 22,405.71 million compared to PHP 32,834.43 million a year ago. Net income was PHP 4,084.86 million compared to PHP 7,338.26 million a year ago. Basic earnings per share from continuing operations was PHP 0.31 compared to PHP 0.55 a year ago. Diluted earnings per share from continuing operations was PHP 0.31 compared to PHP 0.55 a year ago.
For the nine months, sales was PHP 12,567.59 million compared to PHP 14,673.89 million a year ago. Revenue was PHP 92,394.72 million compared to PHP 114,300.77 million a year ago. Net income was PHP 20,018.6 million compared to PHP 27,628.81 million a year ago. Basic earnings per share from continuing operations was PHP 1.51 compared to PHP 2.08 a year ago. Diluted earnings per share from continuing operations was PHP 1.51 compared to PHP 2.08 a year ago.
DMCI Holdings, Inc. is a Philippines-based holding company. The Company is engaged in general construction, coal and power generation, real estate development, water concession, nickel mining and manufacturing. Its five major subsidiaries include D.M. Consunji, Inc. (DMCI), DMCI Project Developers, Inc. (PDI), Semirara Mining and Power Corporation (SMPC), DMCI Power Corporation (DPC) and DMCI Mining Corporation. DMCI is engaged in general construction services, as well as various construction component businesses, such as the production and trading of concrete products and electrical and foundation works. PDIâs core products include residential condominium units with resort-inspired amenities in mid-rise and high-rise developments in Metro Manila and other key areas in Luzon, as well as in Cebu and Davao City. SMPC is engaged in the exploration, mining, development and sales of coal resources on Semirara Island in Caluya, Antique. DPC is engaged in the business of a generation company.
DMCI HOLDINGS, INC. 
