Philippines: DMCI Holdings H1 Net Income Drops 5%

Diversified engineering conglomerate DMCI Holdings, Inc. (PSE: DMC) posted a 5 percent dip in profitability in the first half of 2016. From P6.6 billion, its consolidated net income slid to P6.2 billion due to lower contributions from its real estate, nickel mining and water businesses. “Since last year, we have been anticipating an earnings slowdown… Continue reading Philippines: DMCI Holdings H1 Net Income Drops 5%

DMCI Power Mulling Renewable Energy Entry

PHILIPPINES – Off-grid electricity supplier DMCI Power Corporation (DPC) is looking to expand its energy portfolio to include renewable energy (RE), DMCI Holdings Inc (PSE:DMC) said in a disclosure to the Philippine Stock Exchange. “We are closely studying hydropower and biomass because we think they have the strongest potential in terms of output reliability and… Continue reading DMCI Power Mulling Renewable Energy Entry