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)

Aug 12, 2022

2. SEC Identification Number

26986

3. BIR Tax Identification No.

000-846-618-000

4. Exact name of issuer as specified in its charter

D.M. WENCESLAO & ASSOCIATES, INCORPORATED

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

15th Floor, Aseana 3, D. Macapagal Blvd corner Asean Ave., Aseana City, Paranaque City Postal Code 1714

8. Issuer's telephone number, including area code

(632) 8854-5711

9. Former name or former address, if changed since last report

Not applicable

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 Shares	3,395,864,100

11. Indicate the item numbers reported herein

Not applicable

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.

D.M. Wenceslao & Associates, IncorporatedDMW

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
DMW’s 1H2022 Net Income Jumps 56% to Php1.3 Billion from Php853Million a Year Ago
Background/Description of the Disclosure
D.M. Wenceslao and Associates, Inc.’s (DMW) 1H2022 net income jumped 56% to Php1.3 billion from Php853 million a year ago, bolstered by increasing levels of mobility and economic activity in NCR since March. The Company’s rental revenues consisting of rentals from land, building, and other revenues including CUSA and parking fees improved 14% to Php1.1 billion, accounting for 47% of total revenues. The contribution from commercial assets to total revenue has visibly improved due to increased mobility in Metro Manila, with several office tenants returning on site.
Other Relevant Information
Residential revenues surged 75% to Php466 million on the back of a higher number of units qualified for revenue recognition and as construction progress picked up pace in the 2Q2022. Land sale revenues amounted to Php788 million on the back of a 1,790sqm land sale in January. Notably, DMW completed a milestone transaction during the period with the signing of a 50-year contract of lease with St. Luke’s Medical Center, Inc. for a 13,896sqm parcel of land last June. “DMW continues to execute its growth initiatives, achieving one milestone after the other. Most recently, we signed a land lease contract with St. Luke’s Medical Center to bring the country’s leading healthcare institution inside Aseana City. Following this, our 5-hectare mixed-use green development – Parqal – is expected to come online towards the end of the year,” said Mr. Delfin Angelo ‘Buds’ Wenceslao, Chief Executive Officer. “These are major steps toward the holistic build out of Aseana City into the next generation CBD and these developments are expected to substantially boost DMW’s recurring revenues moving forward,” Mr. Wenceslao highlighted.