DMCI Holdings H1 profit surges to P9.5B

By Faye Almazan

Aug 11, 2021 12:56 am

DMCI Holdings Inc. saw its first-half net income surge by nearly fivefold amid the strong rebound of its mining and real estate subsidiaries during the period.

The company reported on Tuesday its profit ended at P9.5 billion in January to June from P2 billion year-on-year as Semirara Mining and Power Corp. (SMPC), DMCI Homes and DMCI Mining recovered.

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