Dmci Holdings Inc. · PSE:DMC
Dmci — Q2 2022 Earnings Presentation
61 slides from Dmci's earnings presentation, Aug 9, 2022
Slide 1: Q2/H1 2022 Analysts' Briefing
Q2/H1 2022 Analysts’ Briefing 09 August 2022 Makati City via remote communication (Zoom)
Slide 2: Contents
CONTENTS 3 CONSOLIDATED 7 DMCI 9 DMCI HOMES 11 SMPC 20 SUMMARY 21 OUTLOOK 14 DMCI POWER 16 DMCI MINING 18 MAYNILAD 22 ANNEX
Slide 3: Historic Q2 earnings on strong subsidiary growths
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Historic Q2 earnings on strong subsidiary growths CONTRIBUTION HIGHLIGHTS In Php mn Q2 2022 Q2 2021 Change • Highest-ever Q2 core and reported net income SMPC (56%) 6,110 2,342 161% DMCI Homes 1,308 804
Slide 4: ATH semestral earnings on stunning SMPC rally
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK ATH semestral earnings on stunning SMPC rally CONTRIBUTION HIGHLIGHTS In Php mn H1 2022 H1 2021 Change • SMPC grew nearly fourfold; accounted for 72% of earnings SMPC (56%) 14,630 3,666 299% DMCI Homes
Slide 5: Best-ever revenues, bottom line and cash balances
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Best-ever revenues, bottom line and cash balances CONSOLIDATED HIGHLIGHTS In Php mn Q2 2022 Q2 2021 Change H1 2022 H1 2021 Change • Q2 and six-month revenues at ATH Revenues 37,701 29,764 27% 81,466 53,
Slide 6: Key takeaways: consolidated balance sheet
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK KEY TAKEAWAYS In Php mn Jun 2022 Dec 2021 Change • Total assets grew on higher SMPC cash and Cash and cash equivalents 38,647 18,342 111% receivables (Php 19.4 bn) and DMCI Homes Receivables and contrac
Slide 7: Earnings doubled on lower costs amid weak topline
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Earnings doubled on lower costs amid weak topline KEY TAKEAWAYS Standalone Financial Q2 2022 Q2 2021 Change H1 2022 H1 2021 Change • Drop in revenues mainly due to Highlights (in Php mn) lower accomplis
Slide 8: Order book slumps on absence of new projects
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Order book slumps on absence of new projects KEY TAKEAWAYS Revenue Breakdown Q2 2022 Q2 2021 Change • Recognition from projects under the (in Php mn) Building SBU jumped double-digits Building* 2,018 1,
Slide 9: Higher revenues, other income fail to lift earnings
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Higher revenues, other income fail to lift earnings KEY TAKEAWAYS Standalone Financial Q2 2022 Q2 2021 Change H1 2022 H1 2021 Change Highlights (in Php mn) • Q2 revenues up Q/Q and Y/Y on higher constru
Slide 10: Sales and inventory advance despite no new launches
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Sales and inventory advance despite no new launches KEY TAKEAWAYS Key Metrics Q2 2022 Q2 2021 Change • Sales take-up improved following launch of The Erin Sales and reservations (units) 1,512 1,296 17%
Slide 11: Best Q2, semestral revenues and net income
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Best Q2, semestral revenues and net income KEY TAKEAWAYS Standalone Financial Q2 2022 Q2 2021 Change H1 2022 H1 2021 Change Highlights (in Php mn) § Best-ever Q2 revenues and net income; record H1 reven
Slide 12: Record selling prices offset weak shipments
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Record selling prices offset weak shipments KEY TAKEAWAYS Key Metrics Q2 2022 Q2 2021 Change § Strip ratio accelerated to 11.7 on simultaneous activities in East Block 4 and South Block 5 (new Strip Rat
Slide 13: High spot market exposure leads to ASP surge
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK High spot market exposure leads to ASP surge KEY TAKEAWAYS Key Metrics Q2 2022 Q2 2021 Change • Improved total availability driven by SLPGC; however, average capacity slightly dropped on Total 65% 60% 8
Slide 14: Historic Q2 revenues on elevated prices, higher demand
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Historic Q2 revenues on elevated prices, higher demand KEY TAKEAWAYS In Php mn Q2 2022 Q2 2021 Change H1 2022 H1 2021 Change • Q2 revenues surged to record high Revenues 1,979 1,159 71% 3,357 2,023 66%
Slide 15: Off-grid markets sustain growths
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Off-grid markets sustain growths KEY TAKEAWAYS Key Metrics Q2 2022 Q2 2021 Change • All plants posted positive growths in generation and Gross Generation 119.6 102.6 17% sales both QoQ and YoY Masbate 4
Slide 16: Berong mine depletion saps revenues
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Berong mine depletion saps revenues KEY TAKEAWAYS Standalone Financial Q2 2022 Q2 2021 Change H1 2022 H1 2021 Change Highlights (in Php mn) • Q2 revenues contract on shift to Revenues 1,216 1,525 -20% 2
Slide 17: Higher selling prices, forex rate offset shipment drop
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Higher selling prices, forex rate offset shipment drop KEY TAKEAWAYS Key Metrics Q2 2022 Q2 2021 Change • Production plummeted as sole operating mine ZDMC Production (in WMT ‘000) 248 623 -60% BNC - 296
Slide 18: Flat revenues and higher costs drag down earnings
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Flat revenues and higher costs drag down earnings KEY TAKEAWAYS Standalone Financial Q2 2022 Q2 2021 Change H1 2022 H1 2021 Change Highlights (in Php mn) • Revenues improved QoQ but flat Revenues 5,913
Slide 19: Algae bloom continues to nip production, billed volume
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Algae bloom continues to nip production, billed volume KEY TAKEAWAYS Key Metrics Q2 2022 Q2 2021* Change • Production curbed by Laguna Lake algae bloom, Production (in MCM) 191.0 194.4 -2% particularly
Slide 20: Summary
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Summary CONSOLIDATED DMCI DMCI HOMES Historic Q2 earnings on Earnings doubled on Higher revenues, other strong subsidiary lower costs amid income fail to lift growths weak topline earnings SMPC DMCI POW
Slide 21: Outlook
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Outlook CONSOLIDATED DMCI DMCI HOMES Prudent H2 outlook on PPP resurgence and New product formats persisting market BBB continuation to expand market volatility could boost order book SMPC DMCI POWER DM
Slide 22: Annex
Page Title 23 2022 Capex Update 24 Market Forecasts Annex 25 (coal, WESM and nickel) ESG Highlights 32 Consolidated Income Statement 33 Parent Balance Sheet Operating Highlights and Unaudited Results of Subsidiaries and Affiliate 34 DMCI 43 DMCI Homes 45 SMPC 55 DMCI Power 57 DMCI Mining 59 Maynilad
Slide 23: Capex Update
Capex Update In Php bn Q2 2022 Q2 2021 Change 2022F 2021 Change DMCI - 0.3 -100% 0.2 0.7 -71% DMCI Homes 3.6 4.5 -20% 20.3 15.8 28% SMPC 0.5 1.8 -72% 8.9 3.9 128% DMCI Power 0.6 0.5 20% 2.3 1.4 64% DMCI Mining 0.1 0.1 0% 0.4 0.3 33% Maynilad 3.5 1.2 192% 10.9 9.8 11% Total 8.3 8.4 -1% 43.0 31.9 35%
Slide 24: Market Forecasts
427 427 Newcastle Market Prices In USD/MT 377 357 324 Forecasts 264 As of July 22, 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 PH FOB Year NEWC WESM LME Nickel* WESM 8.54 2019 77.8 4.66 14,089 22 Spot Prices 6.54 6.58 7.19 6.38 5.69 2020 60.4 2.27 13,773 41 In Php/KWh 2021 137.3 4.83 18,478
Slide 25: ESG Highlights
ESG Highlights Employee Vaccination as of June 30, 2022 35,418 11,697 99.3% of workforce 33% of workforce full dose Booster 25 CONSOLIDATED
Slide 26: ESG Highlights: Doktor ng Barangay Program
ESG Highlights Doktor ng Barangay Program/ Pedia Health Check-Up Project Project Duration: May 2022- September 2022 Mobo, Masbate DMCI Masbate Power Corporation (DMPC) implemented its Doktor ng Barangay project to provide basic health services to residents in its host communities in Masbate. Through
Slide 27: ESG Highlights: Adopt-A-River Project
ESG Highlights Adopt-A-River Project June 23, 2022, Mobo, Masbate In celebration of the National Environment Month, DMPC took part in the implementation of its Adopt-A-River project by engaging local community groups for river clean-up operations. The Adopt-A-River is DMPC’s partnership project with
Slide 28: ESG Highlights: Tree Planting Project
ESG Highlights Tree Planting Project June 17, 2022, Calapan, Oriental Mindoro DMCI Power Corporation (DPC) Calapan planted 200 fruit-bearing trees during the Annual Tree Planting activity last June 17, 2022 at Barangay Sta. Isabel in Calapan City, Oriental Mindoro. Tree planting is one of DPC’s cont
Slide 29: ESG Highlights: 2022 Partners Forum and Fellowship
ESG Highlights 2022 Partners Forum and Fellowship: Chairman Consunji Reaffirms Commitment to Business Sustainability June 8, 2022 DMCI Holdings, Inc. Chairman Isidro A. Consunji has reaffirmed DMCI Homes’ commitment to business sustainability during this year’s Partners Forum and Fellowship held at
Slide 30: ESG Highlights: Condos with full water reuse
ESG Highlights DMCI Homes set to launch Ph’s first condos with full water reuse capability June 20, 2022 As part of its unwavering commitment to environmental protection and sustainable development, Quadruple A developer DMCI Homes is investing in modern wastewater management solutions to ensure eff
Slide 31: ESG Highlights: DMCI Youth Exposure Program
ESG Highlights DMCI Youth Exposure Program May 24, 2022 Gathering 15 youths from LP4Y Taguig and Payatas Center, the ultimate goal of the Company Visit was to support young adults through professional exposure by helping them develop the knowledge and skills they need to succeed in the field of work
Slide 32: DMCI Holdings and Subsidiaries Income Statement
DMCI Holdings and Subsidiaries Income Statement in Php millions Q2 2022 Q2 2021 % H1 2022 H1 2021 % Revenues 37,701 29,764 27% 81,466 53,660 52% Cost of Sales (16,448) (18,222) -10% (32,336) (32,365) 0% Operating Expenses (1,899) (1,419) 34% (3,715) (3,080) 21% Government share (Coal) (4,008) (1,642
Slide 33: Parent Balance Sheet
Parent Balance Sheet In Php millions Jun 2022 Dec 2021 % Cash and cash equivalents 2,181 2,616 -17% Receivables 455 903 -50% Investments in subsidiaries and assoc. 15,450 15,450 0% Other assets 62 61 2% Total Assets 18,148 19,032 -5% Accounts payable 24 43 -44% Other liabilities 9 9 0% Total Liabili
Slide 34: Q2/H1 2022 Financial Results
Q2/H1 2022 Financial Results STANDALONE INCOME STATEMENT in Php millions Q2 2022 Q2 2021 % H1 2022 H1 2021 % Revenues 5,320 6,028 -12% 11,259 11,806 -5% Cost of Sales (4,263) (5,624) -24% (9,404) (10,549) -11% Operating Expenses (125) (109) 15% (239) (293) -18% Total Cash Cost (4,389) (5,733) -23% (
Slide 35: Q2/H1 2022 Financial Results: Condensed Balance Sheet
Q2/H1 2022 Financial Results CONDENSED BALANCE SHEET Total, Total, In Php millions DMCI JV DMCI JV % Jun 2022* Dec 2021* Cash and cash equivalents 1,133 364 1,498 1,052 923 1,976 -24% Receivables 7,316 2,559 8,926 6,921 2,095 8,341 7% CIE 1,054 2,086 3,140 1,246 1,583 2,828 11% Inventories 1,085 9 1
Slide 36: H1 2022 Revenue Breakdown and Order Book
H1 2022 Revenue Breakdown and Order Book Revenue Breakdown Historical Order Book Q2 2022 Q2 2021 Change (in Php mn) (in Php bn) Buildings* 2,018 1,462 38% 68.2 Infrastructure 1,602 1,876 -15% 58.7 Joint Ventures 1,311 2,008 -35% 26.6 49.3 Project Support and others 389 681 -43% Total 5,320 6,028 -12
Slide 37: Project Completion Status
Project Completion Status As of June 30, 2022 Total Buildings Infrastructure (Php 17.3 bn) (Php 7.7 bn) (Php 25.0 bn) 16% 2% 25% 44% 51% 35% 56% 31% 1% 39% 34 D.M. CONSUNJI, INC.
Slide 38: Ongoing and Prospect Bids and Estimates
Ongoing and Prospect Bids and Estimates Buildings, Data Centers, Railways, Roads, Bridges, Industrial Plant, Warehouse, Submarine Pipelaying, Water Type of Projects Intake Structure, Water Treatment Plant, Pump Station, Water Reclamation Facilities, Pipelaying, and etc. Total Number of Ongoing Bids
Slide 39: BBB Prospects
BBB Prospects Allied Services for North-South Metro Manila Subway Project South Commuter Railway Project Commuter Railway Contractors (Phase 1) (Phase 3) Source: DOTR • Concrete Products • 37-km from Valenzuela • 64.2-km from Projects Projects • Steel Fabrication to Pasay City Blumentritt to Calamba
Slide 40: Ongoing Project Feature: Solaire North
Ongoing Project Feature SOLAIRE NORTH PROJECT Diliman, Quezon City Client : Sureste Properties, Inc. Target Completion: October 2023 Project Description: A 33-storey Hotel and Casino Building with lower and upper roof, including 5 basements, 6 levels podium and 650 units of 27 Hotel Levels. 38 D.M.
Slide 41: Ongoing Project Feature: Dagat-Dagatan STP
Ongoing Project Feature UPGRADING OF DAGAT-DAGATAN STP TO 205-MLD SOUTHCALOOCAN-MALABON-NAVOTAS (CAMANA) WATER RECLAMATION FACILITY Maypajo, Caloocan City Client : Maynilad Water Services, Inc. Target Completion: June 2024 Project Description: Designed to treat 205 million liters per day (MLD) of wa
Slide 42: Ongoing Project Feature: UPCM Medical Sciences Building
Ongoing Project Feature UPCM HENRY SY SR. MEDICAL SCIENCES BUILDING Ermita, Manila Client : University of the Philippines Medical Alumni Foundation, Inc. (UPMAF) Target Completion: August 2022 Project Description: An 11-storey educational institution building inside UP Manila that includes renewable
Slide 43: Q2/H1 2022 Financial Results
Q2/H1 2022 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q2 2022 Q2 2021 % H1 2022 H1 2021 % in Php millions Jun 2022 Dec 2021 % Revenues 6,498 6,138 6% 12,447 13,011 -4% Cash and cash equivalents 7,078 4,472 58% Cost of Sales (4,548) (4,792) -5% (8,531) (9,51
Slide 44: H1 2022 Operational highlights and 2022 Projects Update
H1 2022 Operational highlights and 2022 Projects Update Key Metrics H1 2022 H1 2021 Change Ongoing 3,538 2,842 No. of No. of Sales and reservations (units) 24% Sales Value % Sold 1,979 1,625 22% Projects Units Residential units Parking slots 1,559 1,217 28% 6.40 6.40 0% 18 28,279 Php 149.5 79% Ave.
Slide 45: Q2 2022 Financial Results
Q2 2022 Financial Results STANDALONE INCOME STATEMENT Q2 2022 Q2 2021 In Php millions COAL SCPC SLPGC Others Combined COAL SCPC SLPGC Others Combined % Revenues 19,460 2,690 2,075 53 24,278 11,784 2,012 2,046 70 15,912 53% COS (5,276) (1,015) (894) (49) (7,234) (5,154) (951) (1,151) (73) (7,329) -1%
Slide 46: H1 2022 Financial Results
H1 2022 Financial Results STANDALONE INCOME STATEMENT H1 2022 H1 2021 In Php millions COAL SCPC SLPGC Others Combined COAL SCPC SLPGC Others Combined % Revenues 45,179 5,821 3,752 97 54,849 18,888 3,061 3,796 139 25,884 112% COS (9,776) (2,395) (1,945) (93) (14,209) (8,499) (1,426) (1,671) (135) (11
Slide 47: Q2 2022 Financial Results: Consolidated Income Statement
Q2 2022 Financial Results CONSOLIDATED INCOME STATEMENT Q2 2022 Q2 2021 In Php millions COAL SCPC SLPGC Others Conso COAL SCPC SLPGC Others Conso % Revenues 18,133 2,690 2,075 53 22,951 10,636 2,012 2,046 70 14,764 55% COS (4,863) (668) (650) (48) (6,229) (4,778) (522) (1,137) (73) (6,510) -4% OPEX
Slide 48: H1 2022 Financial Results: Consolidated Income Statement
H1 2022 Financial Results CONSOLIDATED INCOME STATEMENT H1 2022 H1 2021 In Php millions COAL SCPC SLPGC Others Conso COAL SCPC SLPGC Others Conso % Revenues 42,338 5,821 3,752 97 52,008 17,039 3,061 3,796 139 24,035 116% COS (9,108) (1,120) (1,392) (93) (11,713) (7,720) (829) (1,590) (135) (10,274)
Slide 49: Q2/H1 2022 Financial Results: Consolidated Balance Sheet
Q2/H1 2022 Financial Results CONSOLIDATED BALANCE SHEET In Php millions SMPC SCPC SLPGC Others Jun 2022 SMPC SCPC SLPGC Others Dec 2021 % Cash and cash equivalents 21,621 1,789 2,096 173 25,679 4,610 1,745 1,684 174 8,213 213% Receivables 6,013 2,187 1,137 28 9,365 4,307 1,748 853 29 6,937 35% Inven
Slide 50: H1 2022 Operational Highlights
H1 2022 Operational Highlights Key Metrics H1 2022 H1 2021 Change Key Metrics H1 2022 H1 2021 Change Strip Ratio Total 61% 61% 0% Plant Availability Aggregate* SCPC 47% 38% 24% 7.7 9.6 -20% (in %) SLPGC 76% 83% -8% Effective** 7.7 9.6 -20% Production (in MMT) 10.1 8.8 15% Total 514 516 0% Average Ca
Slide 51: Coal Segment Updates
Coal Segment Updates 2022 Coal Sales Target (in MMT) 2022 Export Markets In Q2 alone, South Korea accounted for 47% of exports, 15.0 Domestic: 51% followed by China (46%), India (4%) and Vietnam (3%) China South Korea Thailand Export: 49% Cambodia Vietnam India 2022 Pricing Guidance Update Remaining
Slide 52: Coal Segment Updates: Production Target and Mine Plan
Coal Segment Updates 2022 Coal Production Target (in MMT) Mine Plan Updates 2022 Beginning Inventory: Narra Mine Molave Mine 14.5 1.2 MMT Q2 2022 Ending Inventory: Target Resumption Income Tax Holiday Income Tax Holiday to 15 Q4 2022 2 years October 2022 2.5 MMT Expiry Strip Ratio: 10.79 Rainflow Le
Slide 53: Power Segment Updates
Power Segment Updates SCPC Unit 2 Planned Outages* Decommissioning Warranty: H2 2022: Q1 2023 *proposed SLPGC Units 3 and 4 14.5 110 days Repairs c/o GE with some logistics expenses subject 40 days 2x25MW for discussion SCPC Unit 1: SLPGC Unit 1: Status: SLPGC Unit 2: to 15 80 days 30 days Asset for
Slide 54: 2022 Plant Outages Summary
2022 Plant Outages Summary Unit 1 Unit 2 Planned Unplanned Planned Unplanned • n/a § April 9 to 20 § n/a § Nov 18, 2021 (ongoing) Unit 1 Unit 2 Planned Unplanned Planned Unplanned § n/a § January 23 to 31 § December 30, 2021 to § April 13 to 18 § June 17 to 28 February 23, 2022 § May 13 to 22 48 SEM
Slide 55: Q2/H1 2022 Financial Results
Q2/H1 2022 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q2 2022 Q2 2021 % H1 2022 H1 2021 % in Php millions Jun 2022 Dec 2021 % Revenues 1,979 1,159 71% 3,357 2,023 66% Cash and cash equivalents 208 227 -9% Cost of Sales (1,628) (876) 86% (2,755) (1,522) 81%
Slide 56: H1 2022 Operating Highlights
H1 2022 Operating Highlights Key Metrics H1 2022 H1 2021 Change Gross Generation 218.1 187.4 16% Masbate 82.7 74.5 11% Palawan 88.3 78.8 12% Oriental Mindoro 47.1 34.2 38% Energy Sales 207.8 177.3 17% Masbate 74.2 66.0 12% Palawan 88.2 78.8 12% Oriental Mindoro 45.4 32.5 39% Overall ASP (in Php / KW
Slide 57: Q2/H1 2022 Financial Results
Q2/H1 2022 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q2 2022 Q2 2021 % H1 2022 H1 2021 % in Php millions Jun 2022 Dec 2021 % Revenues 1,216 1,525 -20% 2,637 2,660 -1% Cash and cash equivalents 1,928 800 141% Cost of Sales (180) (314) -43% (437) (494) -12%
Slide 58: H1 2022 Operating Highlights
H1 2022 Operating Highlights Selling Prices, Nickel Grade and Forex Key Metrics H1 2022 H1 2021 Change Production (in WMT ‘000) 567 1,152 -51% 60 1.80% - 548 -100% 1.70% BNC 1.60% ZDMC 567 631 -10% 50 51 1.46% 1.40% Shipment (in WMT ‘000) 987 1,240 -20% 1.33% 1.36% 1.34% 362 718 -50% 42 BNC 40 1.20%
Slide 59: Q2/H1 2022 Financial Results
Q2/H1 2022 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q2 2022 Q2 2021 % H1 2022 H1 2021 % in Php millions Jun 2022 Dec 2021 % Revenues 5,913 5,831 1% 11,205 11,177 0% Cash and cash equivalents 3,938 7,966 -51% Cost of Sales (1,164) (1,054) 10% (2,168) (2,07
Slide 60: H1 2022 Operating Highlights
H1 2022 Operating Highlights Key Metrics H1 2022 H1 2021* Change Population Served & Availability 97.5 89.1 10 120.0 Production (in MCM) 375.4 379.0 -1% 9.8 97.6 58.8 98.0 100.0 Billed Volume (in MCM) 259.5 261.1 -1%9.6 81.1 80.0 9.9 9.9 60.0 Customer Mix 9.4 9.8 9.7 40.0 Domestic 83.2% 83.9% -1% 9.
Slide 61: Investor Relations Office and Disclaimer
Investor Relations Office DISCLAIMER 3rd Floor Dacon Building Neither DMCI Holdings, Inc. (DMCI), nor its advisors make any 2281 Don Chino Roces Avenue representation regarding, and assumes no responsibility or liability Makati City, Philippines for, the accuracy or completeness of, or any errors or