C07732-2023

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Oct 31, 2023
2. SEC Identification Number
ASO95002283
3. BIR Tax Identification No.
004-703-376-000
4. Exact name of issuer as specified in its charter
DMCI HOLDINGS, INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
3RD FLOOR DACON BLDG. 2281 CHINO ROCES AVENUE, MAKATI CITY Postal Code 1231
8. Issuer's telephone number, including area code
(632) 8888 3000
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON 13,277,470,000
PREFERRED 960
11. Indicate the item numbers reported herein
ITEM NO. 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

DMCI Holdings, Inc.DMC

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

DMCI Holdings nets P20B in nine months; down 28% on commodities slowdown
Background/Description of the Disclosure

Diversified engineering conglomerate DMCI Holdings posted a nine-month consolidated net income of P20 billion, a 28-percent decline from P27.6 billion largely due to normalizing coal and nickel prices.

Consolidated core net income from January to September was roughly the same due to a non-recurring gain of P2 million last year for the sale of a DMCI lot and a non-recurring loss this year of P27 million because of Maynilad forex losses and donations.

“We saw double-digit contractions in coal and nickel index prices because of the China economic slowdown and global oversupply. However, our power businesses acted as significant buffers,” said DMCI Holdings chairman and president Isidro A. Consunji.

“Contributions from SEM-Calaca [Power Corporation], Southwest Luzon [Power Generation Corporation] and DMCI Power all grew double digits because of improved generation, sales volume and margins,” he explained.

For the third quarter alone, DMCI Holdings recognized a consolidated net income of P4.1 billion, a 44-percent drop from P7.3 billion owing to lower contributions from Semirara Mining and Power Corporation (SMPC) and DMCI Mining.


Contributions Over the Nine-Month Period
SMPC net income contribution receded by 37 percent from P20.4 billion to P12.8 billion due to lower shipments and average selling prices, partly offset by higher power generation, sales and average selling price.

DMCI Homes contributed P3.8 billion largely unchanged from last year as lower percentage of completion was cushioned by better selling prices and higher income from sales cancellations.

D.M. Consunji, Inc. recognized a 32-percent profit contribution downswing from P676 million to P459 million due to the absence of new projects and completion of most infrastructure projects.

DMCI Power contributed P632 million, a 15-percent upturn from P549 million on the back of higher electricity sales volume, lower fuel costs and improved margins.

DMCI Mining saw its net income contribution tumble by 48 percent from P1.1 billion to P569 million largely from lower selling prices and higher costs.

Contribution from affiliate Maynilad rose by 51 percent from P1.1 billion to P1.7 billion on higher billed volume, better customer mix and improved average effective tariff.

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Other Relevant Information

None
Filed on behalf by:
Name Herbert Consunji
Designation Executive Vice President & Chief Finance Officer