Dmci Holdings Inc. · PSE:DMC
Dmci — Q1 2025 Earnings Presentation
80 slides from Dmci's earnings presentation, May 14, 2025
Slide 1: Q1 2025 Analysts' Briefing
Q1 2025 Analysts’ Briefing 14 May 2025 Makati City via remote communication 1
Slide 2: Portfolio resilience drives consistent performance
CONTRIBUTION HIGHLIGHTS Portfolio resilience drives consistent performance In Php mn Q1 2025 Q1 2024 Change KEY TAKEAWAYS SMPC (56.65%) 2,535 3,691 -31% • Net income dipped on continued normalizing energy markets and initial performance of new cement business DMCI Homes 1,374 684 101% (acquired Dece
Slide 3: Topline grows as portfolio expands
CONSOLIDATED HIGHLIGHTS Topline grows as portfolio expands In Php mn Q1 2025 Q1 2024 Change KEY TAKEAWAYS • Revenues up on higher construction accomplishments, more Revenues 31,858 27,430 16% real estate accounts qualified for recognition, and stronger Cost of sales 18,315 13,396 37% power and nicke
Slide 4: Consolidated Balance Sheet Highlights
CONSOLIDATED BALANCE SHEET HIGHLIGHTS In Php mn Mar 2025 Dec 2024 Change Cash and cash equivalents 36,823 34,299 7% Receivables and contract asset 41,003 40,587 1% Inventories 69,409 67,234 3% KEY TAKEAWAYS Investments in associates 23,473 24,275 -3% • Total assets increased, driven by higher cash b
Slide 5: Revenues up on construction progress
CONSTRUCTION FINANCIAL HIGHLIGHTS Revenues up on construction progress In Php mn Q1 2025 Q1 2024 Change KEY TAKEAWAYS Revenues 4,466 3,693 21% • Revenues grew double digits, supported by higher accomplishments in Building, Infrastructure and joint COS 4,124 3,242 27% venture projects OPEX 134 149 -1
Slide 6: Backlog steady amid new projects
CONSTRUCTION ORDER BOOK Backlog steady amid new projects Revenue Breakdown KEY TAKEAWAYS Q1 2025 Q1 2024 Change In Php mn • Revenues increased across Building and Infrastructure Building* 2,350 2,067 14% units, driven by new and ongoing projects Infrastructure 743 446 66% • Joint venture revenues gr
Slide 7: Earnings surge, cash hits record-high
REAL ESTATE FINANCIAL HIGHLIGHTS Earnings surge, cash hits record-high In Php mn Q1 2025 Q1 2024 Change KEY TAKEAWAYS Revenues 4,546 3,079 48% • Revenues surged on newly-recognized accounts from recently completed projects Alder Residences and Total cash costs 3,726 2,627 42% The Camden Place Core E
Slide 8: Sales shift to RFO, leisure and outside-NCR
REAL ESTATE OPERATING HIGHLIGHTS Sales shift to RFO, leisure and outside-NCR Key Metrics Q1 2025 Q1 2024 Change KEY TAKEAWAYS Total Sales Value (Php bn) 7.2 11.4 -37% • Sales and reservations fell on high-base effect from last year’s launch of The Valeron Tower; RFO unit sales Location doubled to Ph
Slide 9: Well-positioned for energy market shifts
INTEGRATED ENERGY FINANCIAL HIGHLIGHTS Well-positioned for energy market shifts In Php mn Q1 2025 Q1 2024 Change KEY TAKEAWAYS Revenues 16,509 18,426 -10% • Revenues declined due to lower coal selling prices and shipments COS 7,374 6,871 7% • Cash costs dipped, as higher coal production costs and OP
Slide 10: Output up on better mine access; exports stable
INTEGRATED ENERGY OPERATING HIGHLIGHTS Output up on better mine access; exports stable Coal Key Metrics Q1 2025 Q1 2024 Change KEY TAKEAWAYS Strip Ratio (S/R) • Higher production and lower S/R from better access to Aggregate* 11.7 12.5 -7% seams at Narra mine North Blocks 3 and 4, following 11.7 12.
Slide 11: Capacity recovery boost sales
INTEGRATED ENERGY OPERATING HIGHLIGHTS Capacity recovery boost sales Power Key Metrics Q1 2025 Q1 2024 Change KEY TAKEAWAYS Plant Availability (%) 89% 92% -3% • Overall availability slipped as outage days rose to 41 SCPC 90% 86% 5% (from 31), due to continued planned maintenance of SLPGC 87% 97% -10
Slide 12: Best Q1 yet, expansion in sight
OFF-GRID ENERGY FINANCIAL HIGHLIGHTS Best Q1 yet, expansion in sight In Php mn Q1 2025 Q1 2024 Change KEY TAKEAWAYS Revenues 1,760 1,699 4% • Revenues grew on higher energy sales, tempered by lower selling prices COS 1,300 1,239 5% • COS rose in line with topline performance OPEX 8 11 -25% Core EBIT
Slide 13: Higher demand and new supply lift sales
OFF-GRID ENERGY OPERATING HIGHLIGHTS Higher demand and new supply lift sales Key Metrics Q1 2025 Q1 2024 Change KEY TAKEAWAYS Installed Capacity (in MW) 167.8 159.8 5% • Installed capacity grew with the start of commercial Masbate 61.9 61.9 0% operations at the 8MW Palawan Bunker expansion Palawan 8
Slide 14: DMCI Mining swings to strong recovery
NICKEL MINING FINANCIAL HIGHLIGHTS DMCI Mining swings to strong recovery In Php mn Q1 2025 Q1 2024 Change KEY TAKEAWAYS Revenues 1,390 591 135% • Revenues more than doubled due to better selling prices and increased shipments COS 374 279 34% • COS rose with higher shipments and improved efficiency O
Slide 15: Solid uplift across all operating metrics
NICKEL MINING OPERATING HIGHLIGHTS Solid uplift across all operating metrics Key Metrics Q1 2025 Q1 2024 Change KEY TAKEAWAYS Production (in WMT ‘000) 731 454 61% • Total production surged, driven by improved ZDMC ZDMC 570 454 26% output and full quarter contribution of ZCMC, following its ZCMC 161
Slide 16: Strongest Q1 results to date
WATER FINANCIAL HIGHLIGHTS Strongest Q1 results to date In Php mn Q1 2025 Q1 2024 Change KEY TAKEAWAYS Revenues 8,565 8,101 6% • Revenues and earnings reached their highest levels for the reporting period Total cash cost 2,341 2,724 -14% • Revenue growth driven by adjusted tariffs and re-opening Non
Slide 17: Performance lifted by tariff and efficiency
WATER OPERATING HIGHLIGHTS Performance lifted by tariff and efficiency Key Metrics Q1 2025 Q1 2024 Change KEY TAKEAWAYS Production* (in MCM) 178.7 192.2 -7% • Total production fell on supply optimization efforts and Billed Volume (in MCM) 133.0 134.7 -1% NRW-reduction efforts, which reduced output f
Slide 18: Transition phase marks quarterly performance
CEMENT FINANCIAL HIGHLIGHTS Transition phase marks quarterly performance In Php mn Q1 2025 Q1 2024 Change KEY TAKEAWAYS Revenues 3,302 3,930 -16% • Revenues and COS declined due to lower volumes COS 2,607 2,935 -11% • OPEX dropped mainly due to the cessation of royalty payments to CEMEX (previous pa
Slide 19: Industry headwinds persist, strategy stayed firm
CEMENT OPERATING HIGHLIGHTS Industry headwinds persist, strategy stayed firm Key Metrics Q1 2025 Q1 2024* Change KEY TAKEAWAYS Rated Capacity (in mn T*) 5.7 5.7 0% § Installed capacity remained unchanged, with the 1.5 MT APO 1.9 1.9 0% Solid Plant expansion in its commissioning phase during Solid 3.
Slide 20: Portfolio resilience drives consistent performance
Portfolio resilience drives consistent performance Revenues up Earnings surge, Well-positioned Best Q1 yet, on construction cash hits for energy market expansion in progress record-high shifts sight DMCI Mining swings Strongest Q1 Transition marks to strong recovery results to date quarterly perform
Slide 21: Growth outlook balances strategy, execution and market trends
DMCI Group’s growth outlook balances strategy, execution and market trends Strong project RFO push drives Strengthen core Off-grid capacity prospects backed by sales; broader operations amid to exceed 200MW bidding momentum, offerings to expand evolving energy in 2025; active CSP flexibility market
Slide 22: 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 22
Slide 23: Capex Update
Capex Update In Php bn Q1 2025 Q1 2023 Change DMCI 0.1 0.1 0% DMCI Homes 2.9 4.3 -33% SMPC 2.4 1.8 33% DMCI Power 0.1 0.2 -50% DMCI Mining 0.3 0.0 -100% Maynilad 4.9 4.0 23% PHOTO: Concreat Semirara Wind 0.4 - 100% Project Unit 1 Total 11.1 10.5 6% (6MW) In Php bn 2025F 2024 Change Remarks DMCI 0.5
Slide 24: Market Forecasts
Market Forecasts NEWCASTLE PRICES WESM SPOT PRICES In USD/MT In Php/KWh 2019 4.66 2019 77.8 248 7.32 2020 2.27 2020 60.4 6.23 2021 4.83 6.91 161 5.07 2021 137.3 148 138 2022 7.39 4.83 2022 360.2 138 140 138 5.23 126 2023 5.86 4.61 2023 173.0 115 4.78 4.54 3.82 2024 5.14 105 109 94 2024 134.8 3.63 3.
Slide 25: Debt Profile
Debt Profile As of March 31, 2025 LOAN MATURITY SCHEDULE FLOATING AND FIXED Floating Fixed Php 67.5 bn Consolidated 21% 80% Consolidated 15% 50% 31% 4% DMCI n.a. Php 0 DMCI Homes 11% 90% DMCI SMPC 100% Php 34.8 bn DMCI Power 88% 12% DMCI Homes 8% 57% 33% 2% DMCI Mining 100% Php 2.1 bn Concreat 100%
Slide 26: Environmental Stewardship
Environmental Stewardship Q1 2025 2.4k ha* 1.6k ha* 2.37m* 637.6k* Habitats Protected Reforested Areas Trees Planted Mangroves Planted and Restored 1,943 22.3k MT 20% Animals Protected or Waste Generated Recycling Rate Reproduced * as of March 2025 CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWE
Slide 27: Social Responsibility
Social Responsibility Q1 2025 27,874 9% 9,123 7.4 6.9 Direct Employees Female Direct Indirect Employees Average Training Average Training Employees Hours (per employee) Hours (male) 0.03 0.01 12.3 LTIFR Employees LTIFR Contractors Average Training Hours (female) LTIFR = Lost-time Injury Frequency Ra
Slide 28: ESG Highlights
ESG Highlights DMCI Holds Blood Donation Drives in Q1 2025 DMCI organized several blood donation drives in the first quarter of 2025, collecting a total of 147 blood units. The DLSMHSI Academic Project recorded 67 donors in a drive organized by De La Salle. ASG- EMG, in partnership with the Philippi
Slide 29: ESG Highlights
ESG Highlights DMCI Allied Services Group Conducts Clean-up Drive in Taguig On February 1, 2025, the Allied Services Group of DMCI held a clean-up drive along C6 near Labasan Pumping Station in cooperation with CENRO Taguig. CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNIL
Slide 30: ESG Highlights
ESG Highlights DMCI Projects Donate Recyclables to Support Barangay Waste Management On February 26, 2025, the CAMANA Project donated 99.5 kg of used PET bottles and 99 kg of scrap cartons to Barangay 35, Dagat-Dagatan, Caloocan City. On March 7, 2025, ASG-EMG turned over 100 kg of used PET bottles
Slide 31: ESG Highlights
ESG Highlights DMCI-Orani Suhay Foundation (OSFI) and SPRC Holds Medical Mission in Zamboanga del Norte DMCI-OSFI-SPRC conducted a medical mission on March 24–25, 2025, serving 1,630 residents of Barangays Guban and Sipawa in Sirawai, Zamboanga del Norte. The initiative provided free medical consult
Slide 32: ESG Highlights
ESG Highlights DMCI Homes Aids Fire Victims in Benguet On January 14, 2025, DMCI Homes provided relief assistance to 47 families displaced by a fire in Camp 6, Barangay Camp 4, Tuba, Benguet. Donations included sacks of rice and undergarments. CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • D
Slide 33: ESG Highlights
ESG Highlights DMCI Power-Palawan Doktor ng Barangay Program The Doktor ng Barangay program of DMCI Power continued to provide free weekly medical consultations in several Palawan communities in Q1 2025: • In Brgy. Irawan, Puerto Princesa City, the program addressed critical healthcare needs and pro
Slide 34: ESG Highlights
ESG Highlights DMCI Power-Palawan Extends Relief to Flood-Affected Families in Palawan In early February 2025, DPC provided immediate relief assistance to 800 families affected by severe flooding in Puerto Princesa City, Aborlan, and Narra. Nearly 1,000 families were displaced by the disaster. DPC a
Slide 35: ESG Highlights
ESG Highlights DMPC Donates Additional Cement for Road Project in Mobo On January 23, 2025, DMCI Masbate Power Corporation (DMPC) donated 300 more sacks of cement to Barangay Tugbo in Mobo to support the ongoing concreting of pathways in upland puroks. This follows an earlier donation of 100 sacks t
Slide 36: ESG Highlights
ESG Highlights DPC Joins Calapan River Clean-Up for World Water Day 2025 On March 21, 2025, DPC Calapan participated in the DENR-EMB’s simultaneous waterbody clean- up drive in celebration of Philippine Water Week and World Water Day. The initiative supported efforts to protect aquatic ecosystems an
Slide 37: ESG Highlights
ESG Highlights ZDMC Education and Educational Support Program In Q1 of 2025, ZDMC provided various forms of educational support to benefit students, teachers, and child development workers in Zambales, amounting to a total expenditure of P90k. ZDMC subsidized four Child Development Workers from vari
Slide 38: ESG Highlights
ESG Highlights ZDMC Health Program ZDMC extended support to various community health and welfare initiatives across various barangays in Zambales in the first quarter of 2025 amounting to a total expenditure of P646k. The company supported health and wellness by providing medical supplies and device
Slide 39: ESG Highlights
ESG Highlights ZDMC Enterprise Development and Networking Program ZDMC provided essential resources to enhance farming, fishing, and livelihood opportunities in its impact barangays in Zambales in Q1 2025 with a total spending of P393k. The company provided materials and equipment to support the liv
Slide 40: ESG Highlights
ESG Highlights ZDMC Infrastructure and Support Services Program In Q1 2025, ZDMC invested P980k to enhance infrastructure and support services in parts of Zambales. The company supported infrastructure development by providing water system materials to Sitio Banlag in Barangay Lucapon South, improvi
Slide 41: ESG Highlights
ESG Highlights BNC Training on Heavy Equipment Operations for IP Youth Seventeen Indigenous Peoples (IP) trainees are currently undergoing a Heavy Equipment Operations training program aimed at equipping them with vital technical and employable skills. The program includes support for salaries, unif
Slide 42: ESG Highlights
ESG Highlights BNC Supports Tribal Festival in Apurawan, Palawan On February 23, 2025, financial support amounting to P368k was provided for the Tribal Festival held in Sitio Daan, Bubusawen, and Apurawan Proper. Benefiting a population of 1,800, the event aimed to enhance cultural knowledge and ide
Slide 43: Berong Mine Rehabilitation
Berong Mine Rehabilitation as of March 2025 27 362k Geotextile Installed Seedlings Produced (2.5x100 m) 78 ha Rehabilitated Area 195.85k 1,801 Seedlings Planted Coco-coir Nets Installed (2x50 m) CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CONCREAT • SUMMARY • OUTL
Slide 44: Concreat ESG Highlights Q1 2025
Concreat ESG Highlights Q1 2025 31.8% 75.9% 710 23% 1,403 0 Waste Plastic Waste Direct Employees Female Direct Indirect LTIFR Recycling Rate Recovery Rate Employees Employees Employees 18.4 ha 4.4 4.8 3.2 0 Reforested Areas Average Training Average Training Average Training LTIFR Hours (per Hours (m
Slide 45: ESG Highlights
ESG Highlights Concreat Holds Coastal Cleanup for World Water Day To mark World Water Day 2025, Concreat organized coastal cleanups in Antipolo and Naga, Cebu, collecting 550 kg of waste for co-processing as alternative fuel. Around 100 volunteers from CHP subsidiaries and communities joined the eff
Slide 46: ESG Highlights
ESG Highlights APO, Solid Join Kick-off Motorcade for Fire Prevention Month APO Cement and Solid Cement took part in the Bureau of Fire Protection’s Fire Prevention Month motorcades, promoting fire safety as summer nears. Held in Naga on March 3 and Antipolo on March 4, the events united government
Slide 47: ESG Highlights
ESG Highlights APO’s Water System Community Project APO Cement Corporation turned over a solar-powered water system to Barangay Inoburan in Naga, Cebu, enhancing access to clean water for over 7,000 residents. The project supports key community facilities and forms part of APO’s Social Development a
Slide 48: DMCI Holdings and Subsidiaries Income Statement
DMCI Holdings and Subsidiaries Income Statement in Php millions Q1 2025 Q1 2024 % Revenues 31,858 27,430 16% Cost of Sales (18,315) (13,396) 37% Operating Expenses (3,576) (2,380) 50% Government share (Coal) (1,126) (2,031) -45% Core EBITDA 8,840 9,624 -8% Equity in net earnings 929 664 40% Other in
Slide 49: Parent Balance Sheet
Parent Balance Sheet In Php millions Mar 2025 Dec 2024 % Cash and cash equivalents 9,326 7,396 26% Receivables 6,460 618 945% Investments in subsidiaries and assoc. 24,488 24,488 0% Other assets 71 70 1% Total Assets 40,345 32,572 24% Accounts payable 8,063 138 5729% Other liabilities 10 10 0% Total
Slide 50: Q1 2025 Financial Results
Q1 2025 Financial Results STANDALONE INCOME STATEMENT in Php millions Q1 2025 Q1 2024 % Revenues 4,466 3,693 21% Cost of Sales (4,124) (3,242) 27% Operating Expenses (134) (149) -10% Total Cash Cost (4,258) (3,391) 26% Core EBITDA 208 302 -31% Noncash items (115) (143) -20% Other income (expense) 37
Slide 51: Q1 2025 Financial Results
Q1 2025 Financial Results CONDENSED BALANCE SHEET Total, Total, In Php millions DMCI JV DMCI JV % Mar 2025* Dec 2024* Cash and cash equivalents 945 2,003 2,948 1,987 2,286 4,273 -31% Receivables 7,422 3,266 9,628 6,579 2,656 8,268 16% CIE 1,763 863 2,625 1,315 613 1,928 36% Inventories 780 31 811 93
Slide 52: Project Completion Status
Project Completion Status As of March 31, 2025 Order Book (in Php bn) Buildings Total Php 40.7 bn 49.3 Php 21.8 bn 13% 41.9 40.6 40.7 12% 11% 18.7 21% 35.2 58% 10% 19.9 17.1 15.6 67% 8% 14.8 10.2 3.4 2.3 4.6 Infrastructure JV 3.4 Php 3.4 bn Php 15.6 bn 20.4 19.7 21.8 7% 17.0 19.0 26% 4% 70% 2021 202
Slide 53: 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 54: BBM Prospects
BBM Prospects Allied Services for North-South Metro Manila Subway Project ODA Funded Projects 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 Details • Concrete Pr
Slide 55: Completed Project
Completed Project DESIGN AND BUILD OF 150MLD LAGUNA LAKE WATER TREATMENT PLANT Poblacion, Muntinlupa City CLIENT: Maynilad Water Services, Inc. (MWSI) (Consortium Partner – Acciona Agua) DESCRIPTION: Design and build of a 150 million liters per day (MLD) facility. PROJECT: Water Treatment Plant COMP
Slide 56: Completed Project
Completed Project DARONG FUEL DEPOT Davao City CLIENT: Sta. Cruz Storage Corporation DESCRIPTION: Construction of 67.765 Million Liters capacity of Fuel Storage Tanks, Non-Tech Buildings, and Berthing Facility PROJECT: Fuel Depot COMPLETION: 2025 CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER
Slide 57: Featured Project
Featured Project SOUTH COMMUTER RAILWAY PACKAGE CPS-02 (JOINT VENTURE WITH ACCIONA) España, Sta. Mesa and Paco Manila CLIENT: Department of Transportation (DOTr) DESCRIPTION: Building and Civil Engineering Works for approximately 7.9 km of Railway Viaduct Structure including elevated Stations at Esp
Slide 58: Featured Project
Featured Project DLSU LAGUNA UNIVERSITY HALL AND RAZON HALL Binan, Laguna CLIENT: De La Salle University DESCRIPTION: Situated on a secured 50-hectare Laguna campus of De La Salle University. With total site area of 10,338 m2 and floor area of 18,091 m2 for the 4 floors University Hall and 5 floors
Slide 59: Featured Project
Featured Project AMANI TOWER Bonifacio Global City CLIENT: Amani Corporation DESCRIPTION: Construction of a 36-floor building with seven basement levels, covering an estimated site area of approximately 3,400 square meters and totaling around 84,000 square meters of covered floor area. PROJECT: Offi
Slide 60: Newly-Awarded Project
Newly-Awarded Project LA SALLE GREEN HILLS Mandaluyong City CLIENT: La Salle Green Hills DESCRIPTION: Construction of Senior High School and Innovation Building PROJECT: School Building COMPLETION: 2026 GROUNDBREAKING: MARCH 14, 2025 CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING
Slide 61: Q1 2025 Financial Results
Q1 2025 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q1 2025 Q1 2024 % in Php millions Mar 2025 Dec 2024 % Revenues 4,546 3,079 48% Cash and cash equivalents 11,953 9,688 23% Cost of Sales (2,754) (1,820) 51% Receivables 20,094 21,477 -6% Operating Expenses (
Slide 62: Q1 2025 Operating Highlights
Q1 2025 Operating Highlights Ongoing No. of Projects No. of Units Sales Value 16 27,726 Php 232 bn *Launched units only In the Pipeline** No. of Residential No. of Projects Sales Value Schematic for upcoming project Moriyama Nature Park (Laguna) Units 5 3,044 Php 21,7 bn *Launch timeline subject to
Slide 63: 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 64: 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 65: 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 66: 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 67: 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 68: Q1 2025 Financial Results
Q1 2025 Financial Results STANDALONE INCOME STATEMENT Q1 2025 Q1 2024 In Php millions COAL SCPC SLPGC CHP Others Combined COAL SCPC SLPGC Others Combined % Revenues 11,777 4,314 1,992 201 18,284 14,300 3,456 2,271 61 20,088 -9% COS (6,227) (1,753) (718) (197) (8,895) (6,038) (1,469) (837) (51) (8,39
Slide 69: Q1 2025 Financial Results
Q1 2025 Financial Results CONSOLIDATED INCOME STATEMENT Q1 2025 Q1 2024 In Php millions COAL SCPC SLPGC CHP Others Conso COAL SCPC SLPGC Others Conso % Revenues 10,022 4,314 1,992 181 16,509 12,638 3,456 2,271 61 18,426 -10% COS (5,119) (1,435) (643) (177) (7,374) (5,257) (971) (592) (51) (6,871) 7%
Slide 70: Q1 2025 Financial Results
Q1 2025 Financial Results CONSOLIDATED BALANCE SHEET In Php millions SMPC SCPC SLPGC CHP Others Mar 2025 SMPC SCPC SLPGC CHP Others Dec 2024 % Cash and cash equivalents 7,968 1,280 992 - 252 10,492 5,203 2,215 1,517 - 532 9,467 11% Receivables 4,006 2,946 1,264 - 384 8,600 4,180 2,084 909 - 397 7,57
Slide 71: 2025 Coal Segment Guidance
2025 Coal Segment Guidance Shipments Pricing Target Mix Target Quality Mix Income Tax Holiday Guidance Domestic Non-commercial 57% Grade Narra Mine Spot Indexed and Fixed 32% 16 Extended up to May 2025 MMT 43% 57% Eligible to apply for one (1) more bonus year, Commercial Grade Exports 68% subject to
Slide 72: 2025 Power Segment Guidance
2025 Power Segment Guidance Potential Supply Target Additional Contracted Upcoming Planned Outages Contracts Capacity 20 July 2025 13 December 2025 2025 43.6 MW SLPGC Unit 1 30 days SLPGC Unit 2 2026 25 days 100 MW SCPC 244.5 243.0 486.0 7 October 2025 20 January 2026 Under Negotiation SCPC Unit 1 S
Slide 73: Q1 2025 Financial Results
Q1 2025 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q1 2025 Q1 2024 % in Php millions Mar 2025 Dec 2024 % Revenues 1,760 1,699 4% Cash and cash equivalents 256 257 0% Cost of Sales (1,300) (1,239) 5% Receivables 2,940 2,821 4% Operating Expenses (8) (11) -25
Slide 74: Q1 2025 Operating Highlights
Q1 2025 Operating Highlights INSTALLED CAPACITY 167.8 MW By Location By Fuel Type Oriental Masbate Bunker Mindoro 37% 30% 12% Coal 18% Palawan PHOTO: Palawan 15MW Aborlan Plant Expansion 51% Diesel 52% CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CONCREAT 74
Slide 75: Q1 2025 Financial Results
Q1 2025 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q1 2025 Q1 2024 % in Php millions Mar 2025 Dec 2024 % Revenues 1,390 591 135% Cash and cash equivalents 1,098 848 29% Cost of Sales (374) (279) 34% Receivables 521 344 51% Operating Expenses (303) (202) 50%
Slide 76: Q1 2025 Operating Highlights
Q1 2025 Operating Highlights Selling Prices, Nickel Grade and Forex 70 1.40% 57 58 60 54 55 49 1.38% 1.39% 1.38% 50 48 40 42 1.36% 36 38 1.36% 30 1.35% 29 1.34% 20 1.33% 1.32% 10 0 1.30% 2021 2022 2023 2024 Q1 2025 Forex (USD/Php) Ave. Selling Price (USD/WMT) PHOTO: Palawan Long Point Port (under co
Slide 77: Q1 2025 Financial Results
Q1 2025 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q1 2025 Q1 2024 % in Php millions Mar 2025 Dec 2024 % Revenues 8,565 8,101 6% Cash and cash equivalents 5,398 10,520 -49% Cost of Sales (1,259) (1,406) -10% Trade and other receivables 4,029 4,109 -2% Opera
Slide 78: Q1 2025 Operating Highlights
Q1 2025 Operating Highlights POPULATION SERVED & AVAILABILITY 10.6 100.0 10.4 97.5 98.1 98.0 97.5 96.8 10.2 96.0 10.0 92.7 10.4 10.4 94.0 10.3 9.8 9.9 10.0 92.0 9.6 90.0 2021 2022 2023 2024 Q1 2025 Population Served (in mn) 24-hour availability (%) BILLED VOLUME (IN MCM) PHOTO: Cupang Water Reclamat
Slide 79: Q1 2025 Financial Results
Q1 2025 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q1 2025 Q1 2024 % in Php millions Mar 2025 Dec 2024 % Revenues 3,302 3,930 -16% Cash and cash equivalents 638 1,935 -67% Cost of Sales (2,607) (2,935) -11% Receivables 730 738 -1% Operating Expenses (744) (
Slide 80: Disclaimer and 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