COVER SHEET
A S O 9 5 0 0 2 2 8 3
SEC Registration Number
D M C I H O L D I N G S , I N C .
(Company's Full Name)
3 | R | D | F | L | R | . | D | A | C | O | N | B | L | D | G | . | 2 | 2 | 8 | 1 | |||||||||||||||||||||||||||||||||||||||||||
C | H | I | N | O | R | O | C | E | S | A | V | E | . | M | A | K | A | T | I | C | I | T | Y | ||||||||||||||||||||||||||||||||||||||||
(Business Address: No., Street City / Town / Province) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
HERBERT M. CONSUNJI | 8888-3000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Contact Person | Company Telephone Number | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(3rd Tuesday of May) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1 | 2 | 3 | 1 | SEC Form 17-Q | 0 | 5 | 1 | 7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Second Quarter Interim Report 2022 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Month | Day | FORM TYPE | Month | Day | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fiscal Year | Annual Meeting | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
N.A. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Secondary License Type, If Applicable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
C | F | D | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Dept | Requiring this Doc | Amended Articles Number / Section | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total Amount of Borrowings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total No. of Stockholders | Domestic | Foreign | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
To be accomplished by SEC Personnel concerned | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
File Number | LCU | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Document ID | Cashier |
S T A M P S
Remarks: Please use BLACK ink for scanning purposes
SECURITIES AND EXCHANGE COMMISSION
SEC FORM 17-Q
QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER
1. For the quarter ended June 30, 2022
2. SEC Identification No. AS095-002283 | 3. BIR Tax Identification No. 004-703-376 |
DMCI Holdings, Inc.
4. Exact name of issuer as specified in its charter
5. Philippines | 6. | (SEC Use Only) | |
Province, Country or other jurisdiction of | Industry Classification Code: | ||
incorporation or organization |
7. 3rd Floor, Dacon Building, 2281 Pasong Tamo Ext., Makati city1231
Address of principal office | Postal Code |
8. Tel. (632) 8888-3000 | Fax : None |
Issuer's telephone number, including area code
9. Not applicable
Former name, former address, and former fiscal year, if changed since last report.
10. Securities registered pursuant to Sections 8 and 12 of the SRC, or Sec. 4 and 8 of the RSA
Title of Each Class | No. of Shares Outstanding | Amount |
Common Shares | Php13,277,470,000.00 | Php13,277,470,000.00 |
Preferred Shares | 960.00 | 960.00 |
TOTAL | Php13,277,470,960.00 | Php13,277,470,960.00 |
11. Are any or all of these securities listed on a Stock Exchange.
Yes [X] | No [ ] |
If yes, state the name of such stock exchange and the classes of securities listed therein:
Philippine Stock Exchange | Class "A" Shares |
Preferred Shares |
12. Indicate by check mark whether the registrant:
- has filed all reports required to be filed by Section 17 of the Code and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period the registrant was required to file such reports)
Yes [ X ] No [ ]
(b) has been subject to such filing requirements for the past ninety (90) days.
Yes [ X ] No [ ]
PART I--FINANCIAL INFORMATION
Item 1. Financial Statements.
The Financial Statements as of and for the period ended June 30, 2022 are contained herein.
MANAGEMENT'S DISCUSSION AND ANALYSIS OF RESULTS OF
CONSOLIDATED OPERATIONS AND CONSOLIDATED FINANCIAL CONDITION
AS OF AND FOR THE PERIOD ENDED JUNE 30, 2022 AND 2021
June 30, 2022 (Unaudited) vs June 30, 2021 (Unaudited)
I. RESULTS OF OPERATIONS
The table below summarizes the performance of DMCI Holdings, Inc. (PSE: DMC), its subsidiaries and associate for the period ended June 30, 2022 and 2021.
- D.M. Consunji, Inc. (DMCI), a wholly owned subsidiary, is one of the leading engineering-based integrated construction firms in the country. It operates in two construction segments: building and infrastructure. It also has separate business units for joint ventures and project support (i.e., concrete production, steel fabrication and equipment rental).
- DMCI Project Developers, Inc. (DMCI Homes), a wholly owned subsidiary, is one of the leading mid-segment developers in the Philippines, offering best-in-class amenities and value-for-money properties in Metro Manila and other key urban areas.
- Semirara Mining and Power Corporation (SMPC), a majority-owned subsidiary (56.65%), is the the largest coal producer in the Philippines. It is the only power generation company in the country that produces its own fuel (coal). Its two wholly owned operating subsidiaries-Sem-Calaca Power Corporation (SCPC) and Southwest Luzon Power Generation Corporation (SLPGC)-provide baseload power to the Luzon and Visayas grids.
- DMCI Power Corporation (DMCI Power), a wholly owned subsidiary, is one of the largest off-grid energy suppliers in the Philippines. It currently operates and maintains thermal, bunker and diesel power plants in parts of Masbate, Oriental Mindoro and Palawan.
- DMCI Mining Corporation (DMCI Mining), a wholly owned subsidiary, extracts nickel ore through surface mining and ships these directly to China and other markets. Aside from one operating mine under Zambales Diversified Metals Corporation, it has various nickel assets in Palawan and Zambales that are undergoing the permitting process.
-
Maynilad Holdings Corporation, a 27%-owned associate, owns 93% of Maynilad Water Services, Inc. (Maynilad). The largest private water concessionaire in terms of customer base in the Philippines, Maynilad holds a 25-year franchise to establish, operate and maintain a waterworks system and sewerage and sanitation services in the West Zone service area of Metro Manila and the Province of Cavite.
CONSOLIDATED NET INCOME AFTER NON-CONTROLLING INTERESTS
in Php millions | April to June (Q2) | January to June (H1) | ||||
except EPS | 2022 | 2021 | Change | 2022 | 2021 | Change |
I. SMPC (57%) | 6,110 | 2,342 | 161% | 14,630 | 3,666 | 299% |
II. DMCI Homes | 1,308 | 804 | 63% | 2,722 | 2,325 | 17% |
III. D.M. Consunji Inc. | 516 | 91 | 467% | 883 | 484 | 82% |
IV. DMCI Mining | 510 | 403 | 27% | 1,009 | 818 | 23% |
V. Maynilad | 393 | 431 | -9% | 712 | 718 | -1% |
VI. DMCI Power | 205 | 152 | 35% | 337 | 270 | 25% |
VII. Parent and others | (49) | 4 | -1,325% | (38) | 17 | -324% |
Core Net Income | 8,993 | 4,227 | 113% | 20,255 | 8,298 | 144% |
Nonrecurring Items | 37 | 1,006 | -96% | 36 | 1,185 | -97% |
Reported Net Income | 9,030 | 5,233 | 73% | 20,291 | 9,483 | 114% |
EPS (reported) | 0.68 | 0.39 | 73% | 1.53 | 0.71 | 114% |
Q2 2022 vs Q2 2021 Consolidated Highlights
-
The DMCI Group reported a net income Php 9.03 billion, up 73% from Php 5.23 billion and the highest-ever for the quarter. This translated to Php 0.68 in earnings per share
Its remarkable performance was mainly attributable to higher selling prices for its coal, electricity and nickel ore output, coupled with higher revenue recognition from
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
DMCI Holdings Inc. published this content on 09 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2022 02:55:03 UTC.