CONSUNJI-LED conglomerate DMCI Holdings Inc. reported a 21-percent increase in net profit in the first half of the year, buoyed by strong performance of its property, construction, water, and coal and nickel mining businesses.
In a statement late Monday, DMCI Holdings said net income rose to P9.2 billion from the P7.6 billion last year, inclusive of a P715-million gain from DMCI Homes’ sale of a two-hectare undeveloped lot to the Sytengco family and a P69-million one-time refinancing cost of Maynilad Water Services, Inc.
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