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DMCI Holdings posts 25% decline in Q1 earnings

By Inquirer - 7 months ago
MANILA, Philippines — Engineering and construction conglomerate DMCI Holdings Inc. of the Consunji family recorded a 25-percent drop in first-quarter earnings to P5.6 billion due to stabilizing commodity prices, slashing the income of nearly all its business units. In a stock exchange filing on Wednesday, DMCI said revenues fell by 17 percent to P27.4 billion

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