DMCI posts 2Q-2022 record earnings

By Ed Paolo Salting

Aug 11, 2022 12:14 am

DIVERSIFIED engineering conglomerate DMCI Holdings recorded its highest-ever second quarter and first-half net income as all its subsidiaries delivered exceptional growth during the same period.

DMCI's consolidated profits grew by 73 percent from P5.2 billion to P9 billion on the back of higher coal, electricity and nickel prices in their respective markets and higher revenues from its real estate subsidiary in the second quarter of 2022.

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