9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common
13,277,470,000
Preferred
3,780
11. Indicate the item numbers reported herein
Item No. 9
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
DMCI Holdings, Inc.DMC
PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C) Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
DMCI signs P3.5B in new contracts
Background/Description of the Disclosure
Premiere construction firm D.M. Consunji, Inc. (DMCI) signed energy, buildings, and utilities and plants projects worth P3.5 billion during the third quarter of 2017, bringing its total construction order book to P28.6 billion.
The newly-signed projects in the third quarter which have already started include a 32-storey condominium building of Grand Pine, Inc., Maven at Capitol Commons of Ortigas & Co., a petrochemical plant of JG Summit Petrochemical Corp., and the rehabilitation of La Mesa Water Treatment Plant 2 of Maynilad.
Meanwhile, some of the major ongoing projects include Sections 1 and 2 of the Metro Manila Skyway Stage 3 project of Citra Central Expressway Corporation, the Cavite-Laguna Expressway project (Laguna portion) of MPCALA Holdings, the Bued Viaduct and Roadway of Private Infra Development Corporation, Six Senses Resort of Federal Land, Anchor Grandsuites of Anchor Land Holdings and NCCC Mall of LTS Malls, Inc.
From January to September this year, DMCI was able to sign over P14 billion worth of new contracts, an 88 percent improvement from P7.9 billion last year.
On a stand-alone basis, DMCI’s net income during the same period increased 35 percent from P670 million to P904 million due to higher percentage of completion on ongoing projects and additional revenue from contract modifications.
“We expect to sustain our double-digit earnings growth for the whole year. We have a healthy order book from repeat clients and leading corporations,” said DMCI President and CEO Jorge A. Consunji.