Dmci Holdings Inc. · PSE:DMC
Dmci — Q3 2025 Earnings Presentation
102 slides from Dmci's earnings presentation, Nov 11, 2025
Slide 1: Q3/9M 2025 Analysts' Briefing
Q3/9M 2025 Analysts’ Briefing 11 November 2025 Makati City via remote communication 1
Slide 2: Core businesses offset energy decline
CONTRIBUTION HIGHLIGHTS Core businesses offset energy decline In Php mn 9M 2025 9M 2024 Change KEY TAKEAWAYS SMPC (56.65%) 5,812 8,866 -34% • Nine-month group earnings contracted as lower contributions from SMPC and DMCI offset gains from DMCI Homes 2,652 2,189 21% real estate, off-grid power and ni
Slide 3: Softer markets weigh on Q3 group earnings
CONTRIBUTION HIGHLIGHTS Softer markets weigh on Q3 group earnings In Php mn Q3 2025 Q3 2024 Change KEY TAKEAWAYS SMPC (56.65%) 1,012 1,756 -42% • Quarterly group earnings down on weaker results from major contributors and cement integration DMCI Homes 600 768 -22% • Combined impact of normalizing co
Slide 4: Softer markets, firm balance sheet
CONSOLIDATED HIGHLIGHTS Softer markets, firm balance sheet In Php mn Q3 2025 Q3 2024 Change 9M 2025 9M 2024 Change KEY TAKEAWAYS Revenues 26,013 21,850 19% 87,614 77,367 13% • 9M revenues grew double-digits, driven by the addition of cement and stronger Cost of sales 17,016 12,084 41% 52,319 39,639
Slide 5: Consolidated Balance Sheet Highlights
CONSOLIDATED BALANCE SHEET HIGHLIGHTS In Php mn Sep 2025 Dec 2024 Change Cash and cash equivalents 34,547 34,299 1% Receivables and contract asset 35,954 40,587 -11% Inventories 73,289 67,234 9% KEY TAKEAWAYS Investments in associates 25,159 24,275 4% • Total assets remained stable as inventory buil
Slide 6: Project progress tempered by delays
CONSTRUCTION FINANCIAL HIGHLIGHTS Project progress tempered by delays In Php mn Q3 2025 Q3 2024 Change 9M 2025 9M 2024 Change KEY TAKEAWAYS Revenues 4,567 3,500 30% 13,372 10,809 24% • Revenues grew in both periods, driven by higher accomplishments across Building, COS 4,181 3,066 36% 12,158 9,427 2
Slide 7: Revenues up across all segments
CONSTRUCTION ORDER BOOK Revenues up across all segments Revenue Breakdown KEY TAKEAWAYS Q3 2025 Q3 2024 Change In Php mn Building* 2,784 2,156 29% • Revenues rose across all segments on new and ongoing projects, with Infrastructure surging on accelerated work Infrastructure 1,019 436 134% in key pro
Slide 8: New accounts lift top and bottomlines in 9M
REAL ESTATE FINANCIAL HIGHLIGHTS New accounts lift top and bottomlines in 9M In Php mn Q3 2025 Q3 2024 Change 9M 2025 9M 2024 Change KEY TAKEAWAYS Revenues 2,920 3,184 -8% 10,856 9,702 12% • 9M topline rose on more newly-recognized accounts; Q3 revenues slightly lower on Total cash costs 2,521 2,501
Slide 9: RFO, rent-to-own drive sales YoY and QoQ
REAL ESTATE OPERATING HIGHLIGHTS RFO, rent-to-own drive sales YoY and QoQ Key Metrics Q3 2025 Q3 2024 Change KEY TAKEAWAYS Total Sales Value (Php bn) 6.9 7.4 -7% • Sales and reservations declined due to a high-base effect from last year’s launch of premium development Location One Delta Terrace (Que
Slide 10: Solid balance sheet amid narrower margins
INTEGRATED ENERGY FINANCIAL HIGHLIGHTS Solid balance sheet amid narrower margins In Php mn Q3 2025 Q3 2024 Change 9M 2025 9M 2024 Change KEY TAKEAWAYS Revenues 11,928 13,077 -9% 43,258 49,671 -13% • Revenues dropped on softer coal and power selling prices COS 6,592 6,495 1% 20,221 20,309 0% • Cash c
Slide 11: Firm demand, tight commercial-grade supply
INTEGRATED ENERGY OPERATING HIGHLIGHTS Firm demand, tight commercial-grade supply Coal Key Metrics Q3 2025 Q3 2024 Change KEY TAKEAWAYS Strip Ratio (S/R) • Production rose as improved access to Narra mine Aggregate* 12.3 15.2 -19% seams and ECC expansion supported higher output 12.3 15.2 -19% and a
Slide 12: Broad-based improvement in operating metrics
INTEGRATED ENERGY OPERATING HIGHLIGHTS Broad-based improvement in operating metrics Power Key Metrics Q3 2025 Q3 2024 Change KEY TAKEAWAYS Plant Availability (%) 82% 75% 9% • Overall plant availability improved with fewer outage SCPC 93% 83% 12% days (66 vs. 91) SLPGC 71% 68% 5% • Average running ca
Slide 13: Best-ever Q3 and 9M results on rising sales
OFF-GRID ENERGY FINANCIAL HIGHLIGHTS Best-ever Q3 and 9M results on rising sales In Php mn Q3 2025 Q3 2024 Change 9M 2025 9M 2024 Change KEY TAKEAWAYS Revenues 2,031 1,938 5% 6,028 5,793 4% • Revenues steadily grew on stronger energy sales, tempered by stabilizing selling prices Total cash costs 1,4
Slide 14: Capacity expansion boosts energy sales
OFF-GRID ENERGY OPERATING HIGHLIGHTS Capacity expansion boosts energy sales Key Metrics Q3 2025 Q3 2024 Change KEY TAKEAWAYS Installed Capacity (in MW) 188.3 159.8 18% • Installed capacity expanded by 18%, with the Masbate 61.9 61.9 0% commissioning of the2x8 MW Palawan Bunker Palawan 94.1 78.1 20%
Slide 15: Better market and new mine drive recovery
NICKEL MINING FINANCIAL HIGHLIGHTS Better market and new mine drive recovery In Php mn Q3 2025 Q3 2024 Change 9M 2025 9M 2024 Change KEY TAKEAWAYS Revenues 393 565 -30% 2,980 1,594 87% • Q3 topline declined on lower shipments due to adverse weather, while 9M revenues COS 135 194 -30% 784 679 15% pos
Slide 16: ZCMC cushions weather disruptions
NICKEL MINING OPERATING HIGHLIGHTS ZCMC cushions weather disruptions Key Metrics Q3 2025 Q3 2024 Change KEY TAKEAWAYS Production (in WMT ‘000) 272 268 1% • Total production remained flattish, as ZCMC’s full quarter ZDMC 136 268 -49% output (since commercial operations began in ZCMC 136 - 100% Decemb
Slide 17: Record performance amid rising capex
WATER FINANCIAL HIGHLIGHTS Record performance amid rising capex In Php mn Q3 2025 Q3 2024 Change 9M 2025 9M 2024 Change KEY TAKEAWAYS • Record-high revenues and for both Q3 and 9M Revenues 9,301 8,577 8% 27,653 25,245 10% reporting periods Total cash cost 2,486 2,128 17% 7,547 7,399 2% • Revenue gro
Slide 18: Stronger metrics across the board
WATER OPERATING HIGHLIGHTS Stronger metrics across the board Key Metrics Q3 2025 Q3 2024 Change KEY TAKEAWAYS Production* (in MCM) 180.0 189.0 -5% • Total production declined due to reduced output from Billed Volume (in MCM) 139.2 139.9 -1% the La Mesa and Putatan treatment plants, in line with ongo
Slide 19: Integration efforts yield Q3 improvements
CEMENT FINANCIAL HIGHLIGHTS Integration efforts yield Q3 improvements In Php mn Q3 2025 Q3 2024 Change 9M 2025 9M 2024 Change KEY TAKEAWAYS Revenues 4,087 4,095 0% 11,345 12,206 -7% • Q3 revenues were flat as higher sales volumes offset a dip in ASP COS 3,014 3,006 0% 8,821 8,930 -1% • 9M total cash
Slide 20: Solid expansion drives production and sales
CEMENT OPERATING HIGHLIGHTS Solid expansion drives production and sales Key Metrics Q3 2025 Q3 2024* Change KEY TAKEAWAYS Rated Capacity** (in mn T*) 7.2 5.7 26% § Installed capacity expanded with the completion of APO 3.8 3.8 0% 1.5 MT Solid Plant expansion in April 2025 Solid 3.4 1.9 79% § Capacit
Slide 21: Improvement evident across segments despite challenging market conditions
Improvement evident across segments despite challenging market conditions Construction Real Estate Integrated Energy Off-grid Power Project progress New accounts lift 9M Solid balance sheet Best-ever Q3, 9M tempered by delay top and bottomlines amid narrower margins results on rising sales Nickel Mi
Slide 22: Focused on execution, efficiency and diversification amid market headwinds
Focused on execution, efficiency and diversification amid market headwinds Construction Real Estate Integrated Energy Off-grid Power Expanding infra and Boosting RFO sales while Strengthening operations Capacity to grow 15%in subway pipeline, while gearing up for new and marketing, investing 2026, i
Slide 23: Annex
Annex § Capex Update § Market Forecasts § Debt Profile § ESG Highlights § DMCI Holdings and Subsidiaries Income Statement § Parent Balance Sheet § Subsidiaries and Associate Financial and Operating Highlights 23
Slide 24: Capex Update
Capex Update In Php bn Q3 2025 Q3 2024 Change 9M 2025 9M 2024 Change DMCI 0.1 0.1 0% 0.5 0.1 400% DMCI Homes 2.5 3.8 -34% 8.4 11.5 -27% SMPC 0.8 0.6 33% 5.3 3.8 39% DMCI Power 0.2 0.4 -50% 0.8 0.8 0% DMCI Mining 0.1 0.2 -50% 0.5 0.4 25% Maynilad 7.7 6.6 17% 18.6 14.9 25% Concreat 0.4 - 100% 1.3 0.2
Slide 25: Market Forecasts
Market Forecasts NEWCASTLE PRICES WESM SPOT PRICES In USD/MT In Php/KWh 2020 2.27 2020 60.4 248 7.32 6.23 2021 4.83 6.91 2021 137.3 5.07 4.83 2022 7.39 161 148 5.23 2022 360.2 138 4.61 2023 5.86 2023 173.0 138 140 138 3.82 126 2024 5.14 3.63 4.04 2024 134.8 3.51 3.35 105 109 103 2025F 3.63 100 2025F
Slide 26: Debt Profile
Debt Profile As of September 30, 2025 LOAN MATURITY SCHEDULE FLOATING AND FIXED Floating Fixed Php 62.1 bn Consolidated 51% 49% Consolidated 22% 24% 23% 30% DMCI n.a. Php 0 DMCI Homes 11% 89% DMCI SMPC 100% Php 32.8 bn DMCI Power 94% 6% DMCI Homes 31% 31% 35% 3% DMCI Mining 50% 50% Php 1.3 bn Concre
Slide 27: Environmental Stewardship
Environmental Stewardship Q3 2025 2.2k ha* 1.4k ha* 3.28m* 638k* Habitats Protected Reforested Areas Trees Planted Mangroves Planted and Restored 420 21.9k MT 59% Animals Protected or Recycling Rate Waste Generated Reproduced * as of September 2025 CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWE
Slide 28: Social Responsibility
Social Responsibility Q3 2025 27,181 9% 10,304 8 7.6 Direct Employees Female Direct Indirect Employees Average Training Average Training Employees Hours (per employee) Hours (male) 0.02 0.02 12 LTIFR Employees LTIFR Contractors Average Training Hours (female) LTIFR = Lost-time Injury Frequency Rate
Slide 29: Awards and Recognition
Awards and Recognition DMCI Holdings Earns 3 Golden Arrows for Third Consecutive Year DMCI Holdings, Inc. has once again been recognized among the Philippines’ top publicly listed companies in corporate governance, earning 3 Golden Arrows at the 2024 ASEAN Corporate Governance Scorecard (ACGS) Golde
Slide 30: ESG Highlights
ESG Highlights DMCI Holds Series of Blood Donation Drives DMCI conducted a series of blood donation drives in partnership with the Philippine Red Cross (PRC) and the Department of Health (DOH) Blood Center from July to September 2025. The Levi Mariano Pumping Station and Reservoir Project collected
Slide 31: ESG Highlights
ESG Highlights DMCI Conducts Community Clean-Up Drives DMCI led several clean-up initiatives from July to August 2025 to help improve local waterways and surroundings. On July 28, a clean-up drive was held at Barangay Napindan, Taguig City, clearing clogged canals and drainage systems. The NSCR CP01
Slide 32: ESG Highlights
ESG Highlights DMCI CAMANA Project Donates Recyclables to Local Community The DMCI CAMANA Project supported local recycling efforts by donating collected recyclables to Barangay 35, Maypajo, Caloocan City. On July 24, 2025, the team turned over 38 kilograms of PET bottles and 32 kilograms of cartons
Slide 33: ESG Highlights
ESG Highlights DMCI Volunteers Plant 1,000 Trees in Antipolo On August 9, 2025, 79 DMCI volunteers planted 1,000 seedlings of Narra, Star Apple, and Cacao across a two-hectare site in Sitio San Ysiro, Barangay San Jose, Antipolo City. The activity underscores DMCI’s commitment to environmental resto
Slide 34: ESG Highlights
ESG Highlights DMCI ASG Holds Feeding Program for Underweight Children in Taguig On August 29, 2025, the DMCI Allied Services Group (ASG) conducted “Nourish to Flourish: A Feeding Program for a Healthier Tomorrow” for 34 underweight children in Barangay Ibayo Tipas, Taguig City. The initiative aimed
Slide 35: ESG Highlights
ESG Highlights DMCI Homes Enhances UP Chapel Grounds As part of its corporate social responsibility initiatives, DMCI Homes is supporting the Church of the Holy Sacrifice (UP Chapel) in UP Diliman through ongoing grassing, landscaping, and repainting works. Led by the company’s in-house Landscape Te
Slide 36: ESG Highlights
ESG Highlights DPC Calapan Extends Typhoon Dante Relief Assistance In line with its Malasakit core value, DMCI Power Corporation–Calapan (DPC Calapan) conducted relief operations in flood-affected areas of Oriental Mindoro following Typhoon Dante in July 2025. The company distributed 300 relief pack
Slide 37: ESG Highlights
ESG Highlights DPC Calapan Joins International Coastal Cleanup Drive On September 20, 2025, DPC Calapan joined the citywide coastal clean-up organized by the City Environment and Natural Resources Department (CENRD) in celebration of the Annual International Coastal Cleanup. The team collected sever
Slide 38: ESG Highlights
ESG Highlights DPC Calapan Conducts Q3 Tree Planting Activity DMCI Power Corporation–Calapan (DPC Calapan) held its third-quarter tree planting activity focusing on fruit-bearing seedlings such as Atis, Guyabano, Lanzones, Cacao, and Calamansi. Grafted varieties including Mango, Pomelo, and Mangoste
Slide 39: ESG Highlights
ESG Highlights DPC Palawan Supports Students Through ‘Balik Eskwela’ Program On July 1, 2025, DMCI Power Corporation– Palawan (DPC Palawan) distributed school bags and grooming kits to 850 students from five public schools across Puerto Princesa, Aborlan, Narra, and Quezon. The Balik Eskwela initiat
Slide 40: ESG Highlights
ESG Highlights DPC Palawan Extends Relief Aid to Typhoon Crising Victims Following the severe flooding caused by Typhoon Crising in August 2025, DMCI Power Corporation– Palawan (DPC Palawan) provided immediate relief assistance to affected families in Puerto Princesa, Aborlan, and Narra. Food packs
Slide 41: ESG Highlights
ESG Highlights DPC Palawan Provides Mobility Aids to Seniors and PWDs On August 19, 2025, DMCI Power Corporation Palawan (DPC Palawan), in partnership with the local governments of Narra and Aborlan, distributed mobility aids to senior citizens and persons with disabilities. The initiative aims to e
Slide 42: ESG Highlights
ESG Highlights DMPC Leads 3rd Quarter ‘Adopt an Estero’ Clean-Up Drive On July 18, 2025, DMCI Masbate Power Corporation (DMPC) conducted the 3rd Quarter Adopt an Estero activity at Tugbo River in Mobo, Masbate. Led by the Community Relations and Environment, Safety, and Health teams, the cleanup aim
Slide 43: ESG Highlights
ESG Highlights DMPC Continues ‘Doktor ng Barangay’ Medical Outreach In July 2025, DMCI Masbate Power Corporation (DMPC) held its Doktor ng Barangay program, providing free medical consultations, basic treatments, and health education to local residents. Led by a registered medical doctor, with suppo
Slide 44: ESG Highlights
ESG Highlights DMPC Supports School Facility Maintenance at BBES From September 8 to 10, 2025, DMCI Masbate Power Corporation (DMPC) sponsored the cleaning and maintenance of 15 air- conditioning units at Bagong Baryo Elementary School (BBES). The units, previously donated by DMPC, were serviced to
Slide 45: ESG Highlights
ESG Highlights DMPC Joins Sea Ranching Activity for National Conservation Week On September 18, 2025, DMCI Masbate Power Corporation (DMPC) partnered with the Municipal Agriculture Office of Mobo and the Bureau of Fisheries and Aquatic Resources (BFAR) for a sea ranching activity in celebration of N
Slide 46: ESG Highlights
ESG Highlights ZMDC Education and Educational Support Program From January to September 2025, Zambales Diversified Metals Corporation (ZDMC) invested ₱7 million in its Education and Educational Support Program to promote quality learning and community development. The initiative benefited 543 schola
Slide 47: ESG Highlights
ESG Highlights ZDMC Health Program From January to September 2025, ZDMC invested ₱3.8 million to enhance health services. Medical assistance reached two barangays, benefiting indigent residents, while 20,496 constituents received medicines. Four health facilities were provided with supplies and devi
Slide 48: ESG Highlights
ESG Highlights ZDMC Enterprise Development and Networking Program With an investment of ₱3.5 million from January to September 2025, ZDMC strengthened local livelihoods. Three commercial/livelihood buildings were constructed or renovated, while three livelihood associations received equipment suppor
Slide 49: ESG Highlights
ESG Highlights ZDMC Infrastructure and Support Services Program ZDMC allocated ₱1.7 million to improve infrastructure from January to September 2025. Projects included the construction or improvement of one water system and three building structures. Additionally, 43 solar streetlights were installe
Slide 50: ESG Highlights
ESG Highlights ZCMCI Education and Educational Support Program From January to September 2025, Zambales Chromite Mining Company, Inc. (ZCMCI) invested ₱2.2 million to enhance educational access and facilities. The program supported 114 scholars and provided financial assistance to 10 high school stu
Slide 51: ESG Highlights
ESG Highlights ZCMCI Health Services, Facilities and Professionals Program With an investment of ₱1.08 million, ZCMCI improved health services in local communities. Medical assistance reached 22 indigent residents across two barangays, while two barangay health centers and 12,308 constituents receiv
Slide 52: ESG Highlights
ESG Highlights ZCMCI Enterprise Development and Networking Program ZCMCI invested ₱1.9 million in the first nine months of 2025 to boost local livelihoods. Four farmers’ associations, comprising 603 members, received financial and technical assistance. Additionally, 440 farmers were provided equipme
Slide 53: ESG Highlights
ESG Highlights ZCMCI Infrastructure and Support Services Program Investing ₱917,000 from January to September 2025, ZCMCI upgraded essential infrastructures in several barangays in Zambales. Projects included 10 water systems serving 3,028 beneficiaries, construction of a footbridge benefiting 150 i
Slide 54: Berong Mine Rehabilitation as of September 2025
Berong Mine Rehabilitation as of September 2025 32 418k Geotextile Installed Seedlings Produced (2.5x100 m) 165.51 ha Rehabilitated Area 273.8k 1,801 Seedlings Planted Coco-coir Nets Installed (2x50 m) CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CONCREAT • SUMMARY
Slide 55: Concreat ESG Highlights Q3 2025
Concreat ESG Highlights Q3 2025 34% 100% 660 22% 1,387 0 Waste Plastic Waste Direct Employees Female Direct Indirect LTIFR Recycling Rate Recovery Rate Employees Employees Employees 1.18 ha 8.11 8 8.5 0.14 Reforested Areas Average Training Average Training Average Training LTIFR Hours Hours (male) H
Slide 56: Concreat ESG Highlights
Concreat ESG Highlights Bayanihan Para sa Cebu: Concreat Employees Unite for Earthquake Victims Concreat Holdings Philippines employees came together in the true spirit of bayanihan to help earthquake-affected communities in Bogo City and the municipalities of San Remigio and Medellin, Cebu. Among t
Slide 57: Concreat ESG Highlights
Concreat ESG Highlights Concreat Signs MOU for Incentivized Waste Collection Program in Binangonan Concreat Holdings Philippines signed a tripartite Memorandum of Understanding with the Binangonan LGU and CDO Odyssey Foundation, Inc. (OFI) for “Plastik-Can Tayo: TSEK sa Binangonan,” a reward- based
Slide 58: Concreat ESG Highlights
Concreat ESG Highlights CHP Provides Relief to Typhoon-Affected Rizal Communities Concreat Holdings Philippines (CHP), through Concreat Foundation, Inc., extended relief assistance to families affected by recent typhoons and habagat in Rizal. Essential goods, including rice, canned food, noodles, co
Slide 59: Concreat ESG Highlights
Concreat ESG Highlights CHP Foundation’s Aral Program Boosts Literacy in Partner Schools The Concreat Foundation’s Aral Program (2nd tranche) continues to improve functional literacy among 360 students across nine schools, funded by Solid Cement, IQAC, and Concreat Foundation. Of these, 120 students
Slide 60: DMCI Holdings and Subsidiaries Income Statement
DMCI Holdings and Subsidiaries Income Statement in Php millions Q3 2025 Q3 2024 % 9M 2025 9M 2024 % Revenues 26,013 21,850 19% 87,614 77,367 13% Cost of Sales (17,016) (12,084) 41% (52,319) (39,639) 32% Operating Expenses (3,413) (2,345) 46% (10,464) (6,898) 52% Government share (Coal) (322) (630) -
Slide 61: Parent Balance Sheet
Parent Balance Sheet In Php millions Sep 2025 Dec 2024 % Cash and cash equivalents 5,958 7,396 -19% Receivables 814 618 32% Investments in subsidiaries and assoc. 25,464 24,488 4% Other assets 373 70 433% Total Assets 32,609 32,572 0% Accounts payable 85 138 -38% Other liabilities 10 10 0% Total Lia
Slide 62: Q3/9M 2025 Financial Results
Q3/9M 2025 Financial Results STANDALONE INCOME STATEMENT in Php millions Q3 2025 Q3 2024 % 9M 2025 9M 2024 % Revenues 4,567 3,500 30% 13,372 10,809 24% Cost of Sales (4,181) (3,066) 36% (12,158) (9,427) 29% Operating Expenses (124) (141) -12% (441) (395) 12% Total Cash Cost (4,305) (3,207) 34% (12,5
Slide 63: Q3/9M 2025 Financial Results
Q3/9M 2025 Financial Results CONDENSED BALANCE SHEET Total, Total, In Php millions DMCI JV DMCI JV % Sep 2025* Dec 2024* Cash and cash equivalents 1,418 1,853 3,271 1,987 2,286 4,273 -23% Receivables 8,035 4,109 10,889 6,579 2,656 8,268 32% CIE 1,727 660 2,387 1,315 613 1,928 24% Inventories 534 35
Slide 64: 9M 2025 Revenue Breakdown
9M 2025 Revenue Breakdown Revenue Breakdown Order Book (in Php bn) 9M 2025 9M 2024 Change In Php mn Building* 7,599 6,572 16% 49.3 Infrastructure 2,511 1,226 105% Joint Ventures (JV) and 2,692 2,229 21% 41.9 40.6 billables 18.7 Allied Services and others** 570 782 -27% 35.2 32.8 Total Revenues 13,37
Slide 65: Project Completion Status
Project Completion Status As of September 30, 2025 Order Book (in Php bn) Building Total Php 17.6 bn Php 32.8 bn 49.3 20% 41.9 40.6 28% 18.7 50% 7% 35.2 4% 0% 32.8 8% 73% 19.9 17.1 10% 14.8 10.2 13.8 Infrastructure Joint Ventures 4.6 2.3 Php 1.4 Php 13.8 bn 3.4 1.4 5% 20.4 19.7 19.0 17.0 17.6 95% 99
Slide 66: Ongoing and Prospect Bids and Estimates
Ongoing and Prospect Bids and Estimates Railways, Train Station, Roads, Bridges, Buildings, Water Pre- treatment Facilities, Causeway, Jetty, Ports, Piers, Data Center, LPG Terminals, Fuel Depot, Industrial Type of Projects Mining Plant, Water Treatment Plant, Sewage Treatment Plant, Pumping Station
Slide 67: Build Better More Prospects
Build Better More Prospects Allied Services for North- Metro Manila Subway Project ODA Funded Projects South Commuter Railway & (Phase 1) Metro Manila Subway Project 1 BATAAN CAVITE INTERLINK BRIDGE 2 3 METRO MANILA BRIDGES PROJECT 4 Source: DOTR • 37-km from Valenzuela to Projects Pasay City • Conc
Slide 68: Completed Project
Completed Project DINAPIGUE CAUSEWAY Isabela CLIENT: Dinapigue Mining Corporation (DMC) DESCRIPTION: Civil Works - Design and Build: Improvement and Expansion of Existing Causeway PROJECT: Causeway COMPLETION: 2025 CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CONCR
Slide 69: Featured Ongoing Project
Featured Ongoing Project DESIGN AND BUILD OF LEVI MARIANO PUMP STATION AND RESERVOIR Taguig City CLIENT: Manila Water DESCRIPTION: Design and Build of a pump station and reservoir to store water from Laguna de Bay with a capacity of 200 MLD for the pump station and 20 ML for the reservoir PROJECT: P
Slide 70: Featured Ongoing Project
Featured Ongoing Project C5 LINK SEGMENT 3B Parañaque City CLIENT: CAVITEX Infrastructure Corporation DESCRIPTION: Construction of a six (6) lane, 2.0 km expressway connecting CAVITEX at Paranaque and C5 road Taguig, which includes of access roads, mainline viaduct, ramp, at-grade mainline, and toll
Slide 71: Featured Ongoing Project
Featured Ongoing Project DLSMHSI ACADEMIC COMPLEX Dasmariñas Cavite CLIENT: De La Salle Medical Health & Sciences Institute DESCRIPTION: General construction works (CSA+MEPF) of Academic, Shared and Senior High School Buildings PROJECT: School Building COMPLETION: 2025 CONSOLIDATED • DMCI • DMCI HOM
Slide 72: Featured Ongoing Project
Featured Ongoing Project METRO MANILA SUBWAY PROJECT – PHASE 1 CP-102 (PARTNER WITH NISHIMATSU CONSTRUCTION) Quezon City CLIENT: Department of Transportation (DOTr) DESCRIPTION: Construction of a six (6) lane, 2.0 km expressway connecting CAVITEX at Paranaque and C5 road Taguig, which includes of ac
Slide 73: Featured Ongoing Project
Featured Ongoing Project 88 MLD LAS PINAS WATER RECLAMATION FACILITY Las Piñas City CLIENT: Maynilad DESCRIPTION: Design, construction, commissioning and process proving of the Water Reclamation Facility (WRF) with 88,000 m3/day (88MLD) average influent treatment capacity PROJECT: Water Reclamation
Slide 74: Featured Ongoing Project
Featured Ongoing Project SOUTH COMMUTER RAILWAY PACKAGE CPS-02 (PARTNER WITH ACCIONA) Manila City CLIENT: Department of Transportation (DOTr) DESCRIPTION: Building and Civil Engineering Works for approximately 7.9 km of Railway Viaduct Structure including elevated Stations at España, Santa Mesa and
Slide 75: Newly-Awarded Project
Newly-Awarded Project 1200mm E. RODRIGUEZ/ SOLEDAD/ C5 ROAD PIPELAYING Along West Service Road, C5 Rd. Ext., E. Rodríguez Ave., Doña Soledad Ave. & Sun Valley, Parañaque City CLIENT: Maynilad Water Services Inc. DESCRIPTION: Partial Pipe Replacement of Existing 900mm SP to 1200mm WM along E. Rodrigu
Slide 76: Q3/9M 2025 Financial Results
Q3/9M 2025 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q3 2025 Q3 2024 % 9M 2025 9M 2024 % in Php millions Sep 2025 Dec 2024 % Revenues 2,920 3,184 -8% 10,856 9,702 12% Cash and cash equivalents 12,715 9,688 31% Cost of Sales (1,674) (1,794) -7% (6,378) (5,6
Slide 77: 9M 2025 Operating Highlights
9M 2025 Operating Highlights Completed Key Metrics 9M 2025 9M 2024 Change No. of Projects No. of Units Sales Value Total Sales Value (Php bn) 17.9 28.5 -37% 77 73,792 Php 288 bn Location 89% 83% Metro Manila 11% 17% Ongoing Non-Metro Manila Product Type No. of Projects No. of Units Sales Value Resid
Slide 78: Project Feature
Project Feature Resort-inspired living on a grander scale Situated just a few minutes away from Cebu City's main business districts, Kalea Heights is DMCI Homes' first project in the city which features impressive big open parks and amenities. Designed seamlessly, Kalea Heights connects indoor and o
Slide 79: Project Feature
Project Feature Exquisite from every angle The first joint-venture project of DMCI Homes, the Philippine’s first Quadruple A developer, and Marubeni Corporation, a Japanese global conglomerate. The Valeron Tower is a residential masterpiece rising soon along the C-5 Ortigas Corridor, Metro Manila’s
Slide 80: Project Feature
Project Feature A new landmark for resort-inspired living Highlights: STRATEGIC LOCATION Artist's illustration: Lap pool • Located in Quezon Avenue which allows residents easy access to different parts of Metro Manila. (Skyway, MRT, upcoming subway) DISTINCT ARCHITECTURE • Distinctive building façad
Slide 81: Project Feature
Project Feature A mountain resort condotel Located along Marcos Highway in Tuba, Benguet, Moncello Crest is the second development under DMCI Homes Leisure Residences. Part of its commitment is to collaborate with surrounding communities and farms sustaining their livelihood by partnering with them
Slide 82: Project Feature
Project Feature Revel in cityscape Quezon City The Crestmont boasts modern contemporary architectural design that is tailored for the needs of go-getters and professionals. The development offers superior value for money through its ideal location, improved development features and resort-inspired a
Slide 83: Updates
Updates Colliers Philippines cites DMCI Homes unique rent-to-own model The Metro Manila residential property market continues to grow more competitive with an expanding range of condominium options available to homebuyers and investors. In this environment, the challenge lies in identifying developm
Slide 84: Updates
Updates Chairman Consunji leads topping-off ceremony of DMCI Homes’ upscale condo in Makati – Fortis Residences DMCI Holdings Chairman Isidro A. Consunji on Tuesday, October 28, 2025, led the symbolic topping-off of Fortis Residences, an upscale condominium development rising along Chino Roces Avenu
Slide 85: Updates
Updates How DMCI Homes Engineers Kalea Heights for Safety To ensure quality in every stage of construction, DMCI Homes relies on its in-house homebuilding team of engineers, architects, skilled workers, and landscape professionals. The company also invests in advanced technologies such as its Concre
Slide 86: 9M 2025 Operating Highlights
9M 2025 Operating Highlights Coal Key Metrics 9M 2025 9M 2024 Change Power Key Metrics 9M 2025 9M 2024 Change Strip Ratio (S/R) Plant Availability (%) 86% 83% 4% Aggregate* 11.4 12.7 -10% SCPC 91% 80% 14% Effective** 11.4 12.7 -10% SLPGC 81% 85% -5% Production (in MMT) 15.1 13.1 15% Average Capacity
Slide 87: Q3 2025 Financial Results
Q3 2025 Financial Results STANDALONE INCOME STATEMENT Q3 2025 Q3 2024 In Php millions COAL SCPC SLPGC CHP Others Combined COAL SCPC SLPGC Others Combined % Revenues 8,041 4,106 1,433 - 18 13,598 8,154 4,217 1,603 721 14,695 -7% COS (5,485) (1,781) (629) - (17) (7,912) (4,756) (1,808) (656) (719) (7,
Slide 88: Q3 2025 Financial Results
Q3 2025 Financial Results CONSOLIDATED INCOME STATEMENT Q3 2025 Q3 2024 In Php millions COAL SCPC SLPGC CHP Others Conso COAL SCPC SLPGC Others Conso % Revenues 6,370 4,106 1,433 - 19 11,928 6,536 4,217 1,603 721 13,077 -9% COS (4,332) (1,637) (605) - (18) (6,592) (3,851) (1,425) (500) (719) (6,495)
Slide 89: 9M 2025 Financial Results
9M 2025 Financial Results STANDALONE INCOME STATEMENT 9M 2025 9M 2024 In Php millions COAL SCPC SLPGC CHP Others Combined COAL SCPC SLPGC Others Combined % Revenues 30,092 12,784 5,529 - 231 48,636 35,266 11,648 6,763 842 54,519 -11% COS (16,940) (5,354) (2,094) - (226) (24,614) (16,833) (4,764) (2,
Slide 90: 9M 2025 Financial Results
9M 2025 Financial Results CONSOLIDATED INCOME STATEMENT 9M 2025 9M 2024 In Php millions COAL SCPC SLPGC CHP Others Conso COAL SCPC SLPGC Others Conso % Revenues 24,734 12,784 5,529 - 211 43,258 30,418 11,648 6,763 842 49,671 -13% COS (13,514) (4,574) (1,927) - (206) (20,221) (14,331) (3,464) (1,690)
Slide 91: 9M 2025 Financial Results
9M 2025 Financial Results CONSOLIDATED BALANCE SHEET In Php millions SMPC SCPC SLPGC CHP Others Sep 2025 SMPC SCPC SLPGC CHP Others Dec 2024 % Cash and cash equivalents 1,649 4,799 2,641 - 192 9,281 5,203 2,215 1,517 - 532 9,467 -2% Receivables 3,996 2,496 751 - 12 7,255 4,180 2,084 909 - 397 7,570
Slide 92: 2025 Coal Segment Guidance
2025 Coal Segment Guidance Shipments Pricing Target Mix Target Quality Mix Domestic Non-commercial Grade 54% Spot Indexed and Fixed 33% 15.5 to 16 46% 54% MMT Commercial Grade Exports 67% 46% Production and Targets Q3 2025 Ending Inventory 2.8 MMT Narra Mine 19 to 20 100% MMT 11% commercial-grade St
Slide 93: 2025 Power Segment Guidance
2025 Power Segment Guidance Potential Supply Target Additional Contracted Upcoming Planned Outages Contracts Capacity 2 January 2026 2025 171.6 MW 7 October 2025 SLPGC Unit 2 2026 25 days 133 MW SCPC Unit 1 SCPC 276.5 59.5 168.0 504.0 70 days 1 February 2026 Under Negotiation SCPC Unit 2 and/or Eval
Slide 94: Q3/9M 2025 Financial Results
Q3/9M 2025 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q3 2025 Q3 2024 % 9M 2025 9M 2024 % in Php millions Sep 2025 Dec 2024 % Revenues 2,031 1,938 5% 6,028 5,793 4% Cash and cash equivalents 587 257 129% Cost of Sales (1,428) (1,410) 1% (4,359) (4,251) 3% R
Slide 95: 9M 2025 Operating Highlights
9M 2025 Operating Highlights Key Metrics 9M 2025 9M 2024 Change Installed Capacity (in MW) 188.3 159.8 18% Bunker 58.0 42.0 38% Coal 30.0 30.0 0% Diesel 87.8 87.8 0% Wind 12.5 - 100% Energy Sales (in GWh) 396.3 367.8 8% Masbate 131.5 129.1 2% Palawan 162.4 159.5 2% Oriental Mindoro 85.2 79.2 8% Anti
Slide 96: Q3/9M 2025 Financial Results
Q3/9M 2025 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q3 2025 Q3 2024 % 9M 2025 9M 2024 % in Php millions Sep 2025 Dec 2024 % Revenues 393 565 -30% 2,980 1,594 87% Cash and cash equivalents 989 848 17% Cost of Sales (135) (194) -30% (784) (679) 15% Receivab
Slide 97: 9M 2025 Operating Highlights
9M 2025 Operating Highlights Key Metrics 9M 2025 9M 2024 Change Production (in WMT ‘000) 1,482 1,050 41% ZDMC 959 1,050 -9% Selling Prices, Nickel Grade and Forex ZCMC 523 - 100% 60 1.39% Shipment (in WMT ‘000) 1,361 1,107 23% 1.38% 1.38% 50 48 ZDMC 941 1,107 -15% 1.36% 1.37% ZCMC 420 - 100% 40 42 1
Slide 98: Q3/9M 2025 Financial Results
Q3/9M 2025 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q3 2025 Q3 2024 % 9M 2025 9M 2024 % in Php millions Sep 2025 Dec 2024 % Revenues 9,301 8,577 8% 27,653 25,245 10% Cash and cash equivalents 6,425 10,520 -39% Cost of Sales (1,360) (1,153) 18% (4,049) (4,
Slide 99: 9M 2025 Operating Highlights
9M 2025 Operating Highlights Key Metrics 9M 2025 9M 2024 Change POPULATION SERVED & AVAILABILITY Production* (in MCM) 541.0 574.1 -6% 10.6 100.0 Billed Volume (in MCM) 411.9 416.5 -1% 10.4 97.5 97.5 98.1 97.8 98.0 Customer Mix 10.2 96.0 92.7 Domestic 82.1% 81.5% 10.0 94.0 Commercial 17.9% 18.5% 9.8
Slide 100: 9M 2025 Financial Results
9M 2025 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q3 2025 Q3 2024 % 9M 2025 9M 2024 % in Php millions Sep 2025 Dec 2024 % Revenues 4,087 4,095 0% 11,345 12,206 -7% Cash and cash equivalents 1,616 1,935 -16% Cost of Sales (3,014) (3,006) 0% (8,821) (8,930)
Slide 101: 9M 2025 Operating Highlights
9M 2025 Operating Highlights Key Metrics 9M 2025 9M 2024* Change Rated Capacity (in mn T*) 7.2 5.7 26% APO 3.8 3.8 0% Solid 3.4 1.9 79% Capacity Utilization (%) 59% 71% -11% Production (in ‘mn T) 3.0 3.0 0% Sales Volume (in ‘mn T) 3.0 3.0 0% Overall ASP (in Php ‘000 /ton) 3.8 4.0 -5% Ending Inventor
Slide 102: Disclaimer / Contact Information
DISCLAIMER Neither DMCI Holdings, Inc. (DMCI), nor its advisors make any representation regarding, and assumes no responsibility or liability for, the accuracy or completeness of, or any errors or omissions in any information contained herein. Such information is subject to change without notice, it