DMCI Holdings, Inc. stated that its consolidated net income in 2015 increased by 20%. All of its investments posted “strong performances”, despite weak commodity prices and delays in project execution, the conglomerate’s president and chairman, Isidro A. Consunji, revealed in a statement yesterday.
Of the company’s many investments, the net income contribution from Semirara Mining and Power Corp. rose by 18% due to the greater profits from energy production. The business segment contributed P3.6 billion. Maynilad Water Services reported a P2.3 billion net earnings contribution.
