DMCI Holdings Reports 26% Profit Increase Driven by Mining and Cement
DMCI Holdings Inc. achieved a 26% rise in net income to ₱11.4 billion in H1 2026, attributed to robust nickel mining and reduced cement losses. This growth was sufficient to counterbalance decreased contributions from energy and water utility segments.
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For the first half of 2026, DMCI Holdings Inc. reported a consolidated net income of ₱11.4 billion, a 26% increase year-on-year. Consolidated revenues reached ₱67.5 billion, a 10% rise, driven by higher prices and volumes in electricity, cement, and nickel.
DMCI Mining Corp. posted record net income of ₱1.74 billion, up 130%, while Concreat Holdings narrowed its loss by 83% to ₱207 million. The real estate segment saw profits rise to ₱2.33 billion, reflecting improved sales.
Semirara Mining and Power Corp. experienced a minor decline in overall contributions but saw a 17% rebound in Q2. Maynilad Water Services Inc. reported a 20% decrease in its contribution, linked to reduced ownership post-IPO. The results indicate resilience amid mixed sector performance, highlighting risks associated with energy and water utility investments.
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