DMCI earnings dive as energy earnings normalize in 2025
DMCI Holdings Inc. posted P15.1 billion in consolidated net income for 2025, falling 20 percent from P19 billion in 2024. This, as earnings from its integrated energy business normalized and its cement operations weighed on results during their integration phase.
The Consunji-led diversified engineering conglomerate said stronger contributions from its real estate, construction, water, nickel mining and off-grid power businesses helped partly offset the decline in profits.
For the fourth quarter alone, consolidated net income reached P3.3 billion. This meant a 14-percent drop from P3.8 billion in the same period last year.
The drop reflected weaker contributions from the integrated energy and cement businesses, as well as the dilution of the group’s effective ownership in Maynilad following the water concessionaire’s successful initial public offering in November.
Among its business units, Semirara Mining and Power Corp. (SMPC) remained the group’s largest earnings contributor with P7.3 billion. This was 33 percent lower than the P11.1 billion recorded in 2024.





How will the Middle East conflict affect economies in Asia, the Pacific?