Philippines · Delayed Price · Currency is PHP DMCI Holdings Earnings Call Transcripts
Fiscal Year 2026
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First quarter 2026 earnings declined 2% year-over-year to PHP 4.9 billion, with stable margins and a more balanced contribution across segments. Real estate, nickel mining, off-grid power, and cement showed gains, while construction and integrated energy faced headwinds.
Fiscal Year 2025
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Net income declined 21% year-over-year as energy prices normalized and cement integration weighed on results, but revenue rose 6% on strong construction, real estate, and mining. The group remains focused on operational efficiency and prudent capital management.
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Net income declined due to weaker energy and construction, but diversification in real estate, nickel mining, and off-grid power helped offset the impact. Strategic focus remains on operational efficiency, cost control, and expansion in renewables, infrastructure, and value-added mining, with cautious optimism for 2026 and beyond.
Fiscal Year 2024
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2024 saw major expansions and record highs in several segments, but net income declined 13% in Q4 and 21% for the year due to weaker coal and real estate performance. Strong results from water, power, and mining helped offset declines, while the Cemex acquisition led to a significant goodwill write-down.