Diversified engineering conglomerate DMCI Holdings, Inc. announced a consolidated net income of P4.9 billion for the first quarter of 2026, representing a resilient performance with only a modest 2% decline from the P5.0 billion recorded during the same period last year.
Stronger contributions from the Group’s real estate, nickel mining, off-grid power, and cement businesses largely offset weaker results from the integrated energy segment and a lower effective contribution from water utility affiliate Maynilad.
“Our diversified portfolio continued to provide stability despite uneven market conditions,” said DMCI Holdings Chairman and President Isidro A. Consunji. “While some businesses are facing near-term pressures, we continue to see encouraging performance across our business units.”
| Business Unit | Q1 2026 Contribution | YoY Change | Key Drivers |
| Semirara Mining and Power Corp. (SMPC) | P2.2 Billion | 📉 Down 13% | Weaker plant performance and lower coal shipments; remains the Group’s largest driver. |
| DMCI Homes | P1.3 Billion | 📈 Up 3% | Supported by stronger residential revenues, lower cancellations, and higher rental income. |
| Maynilad (Associate) | P714 Million | 📉 Down 23% | Lower effective ownership post-IPO, which overshadowed improved operating performance. |
| DMCI Mining | P440 Million | 📈 Up 8% | Higher shipment volumes following the commercial operations of the Long Point mine in March 2026. |
| DMCI Power | P302 Million | 📈 Up 12% | Supported by higher energy sales and capacity expansions in Palawan, Antique, and Masbate. |
| D.M. Consunji, Inc. (Construction) | P47 Million | 📉 Down 6% | Project delays and fewer ongoing projects. |
| Concreat Holdings Philippines | (P203 Million) loss | 📈 Improved 63% | Net loss narrowed significantly from P546 million due to higher sales and operational efficiencies under DMCI management. |
Demonstrating its continued commitment to shareholder value, the DMCI Holdings Board of Directors approved the declaration of regular cash dividends of Php 0.30 per share, translating to a total payout of approximately Php 4.0 billion.
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Payout Ratio: The dividend represents 27% of the company’s 2025 core net income of Php 14.9 billion, maintaining the company’s policy of distributing at least 25% of the preceding year’s core earnings.
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Important Dates for Shareholders:
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Ex-Dividend Date: May 20, 2026
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Record Date: May 21, 2026
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Payment Date: June 5, 2026
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Moving forward, the Board will continue to balance competitive shareholder returns with the Group’s strategic funding requirements and upcoming growth opportunities.
