DMCI Holdings Posts 28% Profit Rise to P15 Billion on Nickel Mining and Power Gains

DMCI Holdings Inc. reported a 28-percent rise in consolidated net income to P15 billion in the first nine months of 2026, up from P11.7 billion a year earlier, the Inquirer reported on November 7, 2026. The Consunji-led conglomerate said third-quarter earnings rose 33 percent to P3.6 billion.

Nickel and Power Lift DMCI Holdings Results

DMCI Holdings is a Philippine holding company whose subsidiaries span construction, real estate, coal mining and power generation, nickel mining, off-grid power, water distribution and cement manufacturing, according to company records. The company said the nine-month gain came from record contributions from nickel mining and electricity generation.

Contributions from its on-grid and off-grid power units rose 42 percent to P5.9 billion. The electricity business alone climbed 51 percent to P4.8 billion, while the coal share fell 46 percent to P1.5 billion. Semirara Mining and Power Corp. still provided P6.3 billion, up 8 percent, on stronger on-grid power earnings. The company said Semirara's mining operations face uncertainty because its contract is set to lapse in July 2027 and planned coal mine bidding has been delayed.

DMCI Mining posted an all-time high contribution of P2 billion, up from P726 million, on higher production and shipment volumes and stronger nickel prices. Property arm DMCI Homes contributed P3.1 billion, 21 percent higher than P2.6 billion, on a higher-value project mix and rental income. DMCI Power reached a record P1.1 billion after stronger energy sales, wind generation and capacity expansions in Masbate and Antique. Maynilad contributions fell to P2.2 billion from P2.8 billion after a reduction in DMCI Holdings' effective ownership interest. Maynilad allocated P27.5 billion in capital expenditures for 2027 to bolster water security and reduce nonrevenue water, the Inquirer reported on November 6, 2026.

DMCI Holdings' Balance Sheet and Maynilad Stake

According to akta.pro company records, DMCI Holdings reported total assets of ₱281.7 billion as of December 31, 2025, and gross revenue of ₱108.7 billion for fiscal 2025. Maynilad Water Services is jointly owned by Metro Pacific Investments Corporation at 55 percent, DMCI Holdings at 25 percent and Marubeni of Japan at 20 percent, the same records show.

Earlier DMCI Holdings Earnings Reports

DMCI Holdings reported a 26 percent increase in first-half net income to P11.4 billion, driven by record contributions from nickel mining and cement, the Inquirer reported in August 2026. Manila Bulletin reported the same month that the first-half gain included an 83 percent narrowing of losses at the company's cement operations. In October 2026, BusinessWorld Online reported that DMCI Resorts is building the 7.5-hectare Solmera Beach Park Resort in San Juan, Batangas, combining leisure and event facilities.

Semirara Contract Lapse Set for July 2027

The company said Semirara Mining and Power Corp.'s contract is set to lapse in July 2027, with planned coal mine bidding facing delays.