DMCI Holdings, Inc. provided net profit guidance for the year 2016. For the period the company aims to generate PHP 12 billion in net profit in 2016, matching last year's performance, as improved earnings from Semirara Mining and Power Corp. are seen to make up for the slack in other businesses. Also company told that flat earnings outlook compared to last year for DMCI would be due to the expected decline in contribution from water utility Maynilad Water Services Inc. and the housing business under DMCI Homes.