C06864-2017

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Nov 14, 2017
2. SEC Identification Number
AS095002283
3. BIR Tax Identification No.
004-703-376-000
4. Exact name of issuer as specified in its charter
DMCI Holdings, Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
3/F Dacon Bldg. 2281 Chino Roces Avenue Postal Code 1231
8. Issuer's telephone number, including area code
(632) 888 3000
9. Former name or former address, if changed since last report
Philippines
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 Power 9-month energy sales flat

Background/Description of the Disclosure

Off-grid energy supplier DMCI Power Corporation (DPC) recorded flat electricity sales volume from January to September 2017 at 181.43 GWh due to reduced energy dispatch to Mindoro and Palawan.

Energy sales to Palawan Electric Cooperative dipped one percent from 69.96 GWh to 69.32 GWh while volume sold to Oriental Mindoro Electric Cooperative contracted 6 percent from 40.98 GWh to 38.38 GWh.

Only Masbate showed growth, as sales volume to Masbate Electric Cooperative grew by a modest 4 percent from 70.82 GWh to 73.73 GWh.

The marginal decline in total sales volume (0.2%) was offset by a 19 percent increase in average selling price, primarily driven by higher fuel prices.

Consolidated revenues from January to September 2017 rose 18 percent from P1.7 billion to P2.0 billion, while net income dipped 5 percent from P341 million to P324 million, following the expiration of DPC’s income tax holiday (ITH) for its Masbate operations in September 2016.

“Despite our flattish sales and ITH expiration, our profitability remains strong. Our pretax earnings actually grew 11 percent year-on-year,” said DPC president Nestor D. Dadivas.

For the first nine months of 2017, EBITDA rose by 18 percent to P554 million compared to P469 million during the same period last year.

DPC operates and maintains bunker-fired power plants and diesel generating sets in parts of Masbate, Oriental Mindoro, Palawan and Sultan Kudarat.

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Other Relevant Information

None

Filed on behalf by:
Name Brian Lim
Designation Vice President & Senior Finance Officer