DMIC’s first 3 months profit soars to P4.3B

By Faye Almazan

May 12, 2021 12:16 am

DMCI Holdings Inc.’s profit surged to P4.3 billion in the first quarter from P616 million last year driven by DMCI Homes and Semirara Mining and Power Corp. (SMPC).

Isidro Consunji, DMCI Holdings chairman and president, in a disclosure attributed the firm’s improved quarter results to higher construction accomplishments and better coal sales.

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