Weak energy, real estate pull down DMCI profit

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4 months ago

The weaker performance of its energy and real estate businesses, along with losses from the mining subsidiary, pulled down the first-semester profit of Consunji-led DMCI Holdings Inc. by 29 percent to P11.1 billion. This was partially offset by improvements in its water and off-grid power segments, DMCI said in a stock exchange filing on Tuesday.

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