DMCI net drops 20% to P24.9B; ‘sharp corrections in prices cited
DMCI Holdings Inc. said Wednesday that its net income had fallen by 20 percent to P24.9 billion last year, from 2022’s P31.1 billion, on lower contributions from the integrated energy, mining, and construction businesses. Consolidated revenues reached P122.8 billion, down 14 percent from P142.6 billion a year earlier, the diversified engineering conglomerate said in a […]
Tomas Kauer - News Moderator 
DMCI Holdings Inc. said Wednesday that its net income had fallen by 20 percent to P24.9 billion last year, from 2022’s P31.1 billion, on lower contributions from the integrated energy, mining, and construction businesses.
Consolidated revenues reached P122.8 billion, down 14 percent from P142.6 billion a year earlier, the diversified engineering conglomerate said in a statement.
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