DMCI Holdings profit down 29% in 1st half

By Earl John Alfaro

Aug 07, 2024 12:31 am

CONSUNJI-LED DMCI Holdings Inc. (DMCI Holdings) saw its first-half net income plunge by 29 percent to P11.1 billion, from P15.6 billion a year earlier, on lower revenue contributions from its mining, power, real estate, and construction businesses.

Second quarter (Q2) net income also dropped by 32 percent to P5.5 billion from P8.1 billion, DMCI said in a stock exchange filing on Tuesday.

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