
The Valeron Tower to offer RideShare for a more convenient commute
March 17, 2025
Metro Manila’s congested roads and unpredictable commute times have long...
February 11, 2025
DMCI Holdings, Inc., the parent company of Quadruple A developer DMCI Homes, is among the top 20 companies in the Philippines that generated the highest net profit in 2023.
With a consolidated net income of P20.21 billion, the conglomerate was the 16th most profitable company in the latest “Top 1,000 Corporations of the Philippines” report compiled by business newspaper BusinessWorld.
Led by the Consunji family, DMCI Holdings has business interests in construction, real estate, mining, power generation, and water distribution services. Its subsidiaries are D.M. Consunji, Inc.; DMCI Homes; Semirara Mining and Power Corporation; DMCI Power Corporation; and DMCI Mining Corporation. The holding firm also maintains an indirect ownership in Maynilad Water Services, Inc., which supplies running water to the west zone of the Greater Manila Area.
Semirara, which operates the mining and power generation businesses of DMCI Holdings, also ranked as the ninth most profitable company in 2023 with a bottom line of P24.9 billion based on the BusinessWorld list. Other companies part of the Top 20 included state-owned corporations, banks, and utility providers, among others.
The strong profits realized in 2023 demonstrate DMCI Holdings’ resilience and creativity to weather volatilities in the global markets, which include declines in coal and nickel prices. These were partly offset by higher gains from the residential property business, particularly with higher selling prices and rental fees generated by DMCI Homes. In particular, DMCI Homes saw unit sales climb by 8% and average selling prices rise by 12% in 2023 to signal a steady post-pandemic recovery.
DMCI Holdings brings together engineering expertise and investment prowess to serve both its shareholders and customers, in line with its commitment to upholding integrity and creating shared value. Since its inception, DMCI Holdings remains committed in investing in the Philippines and in expanding its footprint to support overall economic development.
DMCI Homes is the Philippines’ first Quadruple A real estate developer known for building quality resort-inspired communities in Mega Manila, Baguio, Boracay and Davao City. The company’s portfolio boasts of more than 70 properties since it was launched in 1999.
To learn more about DMCI Homes’ pre-selling and ready-for-occupancy projects, units for lease, and special promos, call (632) 5324-8888. You can also visit leasing.dmcihomes.com to know more about opportunities in leasing and rent-to-own programs of DMCI Homes. News and other updates are also posted on the company’s official website and its social media accounts on Facebook, X, Instagram, and YouTube.
Leave us a message and we will get back to you as soon as possible.