Dmci Holdings Inc. · PSE:DMC
Dmci — FY2024 Earnings Presentation
85 slides from Dmci's earnings presentation, Mar 17, 2025
Slide 1: Q4/FY 2024 Analysts' Briefing
Q4/FY 2024 Analysts’ Briefing 17 March 2025 | Makati City via remote communication
Slide 2: 2024: A Defining Year for Expansion and Record Performances
CORPORATE HIGHLIGHTS 2024: A Defining Year for Expansion and Record Performances CHP: Largest Acquisition New nickel mine: ZCMC Second-Highest Dividend Payout ▪ DMC ▪ SCC Net Income ▪ Maynilad ▪ DMCI Power Sales ▪ SMPC Kalea Heights: Biggest DMCI Homes Project ▪ DMCI Power ▪ Maynilad Generation / Pr
Slide 3: Mixed results across diversified portfolio
CONTRIBUTION HIGHLIGHTS Mixed results across diversified portfolio In Php mn Q4 2024 Q4 2023 Change KEY TAKEAWAYS SMPC (56.65%) 2,147 2,976 -28% ▪ Lower quarterly earnings on weaker contributions from Maynilad (25%) 991 412 141% SMPC and DMCI Homes DMCI Power 294 327 -10% ▪ Record-high contribution
Slide 4: Best-ever water and off-grid power help ease group weakness
CONTRIBUTION HIGHLIGHTS Best-ever water and off-grid power help ease group weakness In Php mn FY 2024 FY 2023 Change KEY TAKEAWAYS SMPC (56.65%) 11,013 15,780 -30% ▪ Full year bottom line contracted on lower contributions Maynilad (25%) 3,313 2,090 59% from commodities, real estate and construction
Slide 5: Market slowdown hits topline, ROE stays in double digits
CONSOLIDATED HIGHLIGHTS Market slowdown hits topline, ROE stays in double digits Q4 Q4 FY FY KEY TAKEAWAYS In Php mn Change Change 2024 2023** 2024 2023* ▪ Q4 and FY topline contracted largely due to Revenues 25,012 30,434 -18% 102,379 122,829 -17% normalizing commodities and electricity prices, Cas
Slide 6: Consolidated Balance Sheet Highlights
CONSOLIDATED BALANCE SHEET HIGHLIGHTS In Php mn Dec 2024 Dec 2023 Change Cash and cash equivalents 34,299 32,158 7% KEY TAKEAWAYS Receivables and contract assets 41,981 53,408 -21% ▪ Total assets and liabilities grew double digits, largely due to Inventories 67,234 67,902 -1% consolidation of CHP, f
Slide 7: Fewer projects and delays weigh on results, remain debt-free
CONSTRUCTION FINANCIAL HIGHLIGHTS Fewer projects and delays weigh on results, remain debt-free Q4 Q4 FY FY KEY TAKEAWAYS In Php mn Change Change 2024 2023 2024 2023 ▪ Q4 revenues rose on increased recognition Revenues 4,206 3,651 15% 15,015 16,508 -9% from the Building unit and joint venture COS 4,0
Slide 8: Building and JV revenues offset Infrastructure drop
CONSTRUCTION ORDER BOOK Building and JV revenues offset Infrastructure drop Revenue Breakdown Q4 2024 Q4 2023 Change KEY TAKEAWAYS In Php mn Building* 3,044 2,121 43% ▪ Building revenues jumped, driven by new project progress Infrastructure 1 184 -99% and improved margins from finalized contracts; J
Slide 9: Pandemic-era sales drag topline, healthier balance sheet
REAL ESTATE FINANCIAL HIGHLIGHTS Pandemic-era sales drag topline, healthier balance sheet Q4 Q4 FY FY KEY TAKEAWAYS In Php mn Change Change 2024 2023 2024 2023 ▪ Q4 and FY revenues declined, mainly due to Revenues 2,704 4,057 -33% 12,323 19,246 -36% lower recognition from ongoing projects and COS 1,
Slide 10: Anemic market weighs on sales, unbooked revenues stay steady
REAL ESTATE OPERATIONAL HIGHLIGHTS Anemic market weighs on sales, unbooked revenues stay steady Key Metrics Q4 2024 Q4 2023 Change KEY TAKEAWAYS Sales and reservations (units) 965 2,292 -58% ▪ Total units sold plunged on subdued market conditions, with Kalea Residential units 613 1,652 -63% Parking
Slide 11: Healthy margins amid normalizing markets, debt at 16-year low
INTEGRATED ENERGY FINANCIAL HIGHLIGHTS Healthy margins amid normalizing markets, debt at 16-year low Q4 Q4 FY FY KEY TAKEAWAYS In Php mn Change Change 2024 2023 2024 2023 ● Q4 revenues declined on lower ASP and Revenues 15,523 20,760 -25% 65,194 76,961 -15% reduced shipments, partially offset by hig
Slide 12: Domestic sales strengthen despite reduced production
COAL OPERATING HIGHLIGHTS Domestic sales strengthen despite reduced production Q4 2024 Q4 2023 Change KEY TAKEAWAYS Strip Ratio (S/R) ● Higher aggregate S/R and lower production due to pre-stripping in Aggregate* 20.7 13.2 57% Narra* mine (NB 4 and WB 2) led to Php 1.36 bn in capitalized Effective**
Slide 13: Pivot to BCQ sales on restored capacity, strategy
ON-GRID POWER OPERATING HIGHLIGHTS Pivot to BCQ sales on restored capacity, strategy Key Metrics Q4 2024 Q4 2023 Change KEY TAKEAWAYS Plant Availability (%) 71% 79% -10% ▪ Overall plant availability slid as outage days increased from 76 to SCPC 83% 81% 2% 106, mainly due to planned maintenance at SL
Slide 14: Earnings reach record high, capex surges
OFF-GRID POWER FINANCIAL HIGHLIGHTS Earnings reach record high, capex surges Q4 Q4 FY FY KEY TAKEAWAYS In Php mn Change Change 2024 2023 2024 2023 ▪ Q4 and FY revenues uptick, on the back of Revenues 1,827 1,774 3% 7,620 7,414 3% higher energy sales, tempered by lower ASP COS 1,303 1,254 4% 5,554 5,
Slide 15: Energy sales soar on stronger demand across all service areas
OFF-GRID POWER OPERATING HIGHLIGHTS Energy sales soar on stronger demand across all service areas Key Metrics Q4 2024 Q4 2023 Change KEY TAKEAWAYS Gross Generation (in GWh) 134.3 119.0 13% ▪ Gross generation and energy sales increased, driven by higher Masbate 47.0 45.6 3% demand in all keys service
Slide 16: Fourth quarter recovery offsets losses as ASP rebounds
NICKEL FINANCIAL HIGHLIGHTS Fourth quarter recovery offsets losses as ASP rebounds Q4 Q4 FY FY KEY TAKEAWAYS In Php mn Change Change 2024 2023 2024 2023 ▪ Q4 revenues rose, as higher selling prices Revenues 884 834 6% 2,477 3,386 -27% offset reduced shipments; FY topline down on COS 230 362 -36% 910
Slide 17: ZCMC launch bolsters production and shipments
NICKEL OPERATIONAL HIGHLIGHTS ZCMC launch bolsters production and shipments Key Metrics Q4 2024 Q4 2023 Change KEY TAKEAWAYS Production* (in WMT ‘000) 395 393 1% ZDMC 332 393 -16% ▪ Total production remained stable, as ZCMC’s commercial ZCMC 63 - 100% operations in December 2024 offset weaker ZDMC o
Slide 18: Record-high earnings as revenues rise, costs managed
WATER FINANCIAL HIGHLIGHTS Record-high earnings as revenues rise, costs managed Q4 Q4 FY FY KEY TAKEAWAYS In Php mn Change Change 2024 2023 2024 2023 ▪ All-time high Q4 and FY earnings Revenues 8,562 7,054 21% 33,495 27,323 23% Total cash cost 3,322 3,103 7% 10,704 10,089 6% ▪ Q4 and FY revenues up
Slide 19: All key metrics improve on demand and continuing investments
WATER OPERATIONAL HIGHLIGHTS All key metrics improve on demand and continuing investments Key Metrics Q4 2024 Q4 2023 Change KEY TAKEAWAYS Production* (in MCM) 183.9 194.7 -5% ▪ Total production dipped, mainly due to supply optimization efforts Billed Volume (in MCM) 137.0 135.6 1% and NRW-reduction
Slide 20: Goodwill revaluation to improve accuracy and support growth
CEMENT FINANCIAL HIGHLIGHTS Goodwill revaluation to improve accuracy and support growth Dec Dec FY FY KEY TAKEAWAYS In Php mn Change Change 2024* 2023 2024 2023 ▪ December and FY revenues dipped, impacted by Revenues 1,097 1,160 -5% 16,040 17,316 -7% lower cement prices; total cash costs rose 2% to
Slide 21: DMCI navigates challenges in first month of cement operations
CEMENT OPERATIONAL HIGHLIGHTS DMCI navigates challenges in first month of cement operations Key Metrics Dec 2024** Dec 2023 Change KEY TAKEAWAYS Rated Capacity (in mn T*) 5.7 5.7 0% ▪ Capacity utilization slipped as raw material tightened following the APO 1.9 1.9 0% Cebu Provincial Government’s Dec
Slide 22: Mixed results across diversified portfolio
Mixed results across diversified portfolio Fewer projects and delays weigh Earnings reach record high, capex on results, remain debt-free surges Pandemic-era sales drag topline, Fourth quarter recovery offsets healthier balance sheet losses as ASP rebounds Healthy margins amid normalizing Record-hig
Slide 23: Updates and Outlook
Updates and Outlook Strengthening market reach and operational efficiencies to drive value and protect margins Cautiously optimistic in rebuilding order 27% capacity growth expected in 2025; book; enhance competitiveness through 8MW Palawan Bunker to operate in Q1, strategic contracting Semirara Win
Slide 24: Annex
Annex ▪ Award and Recognition ▪ Capex Update ▪ Market Forecasts ▪ Debt Profile ▪ ESG Highlights ▪ DMCI Holdings and Subsidiaries Income Statement ▪ Parent Balance Sheet ▪ Subsidiaries and Associate Financial and Operating Highlights 24
Slide 25: Awards & Recognition
Awards & Recognition Isidro Consunji Receives AIM Triple A Award Isidro A. Consunji, Chairman and CEO of DMCI Holdings and Semirara Mining and Power Corporation, has been honored with the prestigious Alumni Achievement Award (Triple A) by the Asian Institute of Management (AIM). Presented during AIM
Slide 26: Capex Update
Capex Update In Php bn Q4 2024 Q4 2023 Change FY 2024 FY 2023 Change DMCI 0.0 0.0 0% 0.1 0.4 -75% DMCI Homes 3.2 4.0 -20% 14.7 15.9 -8% SMPC 1.6 1.0 60% 5.3 4.1 29% DMCI Power 0.8 0.2 300% 1.6 0.9 78% DMCI Mining 0.3 0.0 100% 0.7 0.3 133% Maynilad 10.9 12.5 -13% 25.7 26.0 -1% CHP* 0.2 - 100% 0.2 - 1
Slide 27: Market Forecasts
Market Forecasts NEWCASTLE PRICES WESM SPOT PRICES In USD/MT In Php/KWh 248 2019 4.66 2019 77.8 7.32 2020 2.27 6.23 6.91 2020 60.4 161 2021 4.83 148 138 2023 2023 2021 137.3 5.07 4.83 138 140 138 5.23 2022 7.39 126 2024 2024 2022 360.2 4.61 2023 5.86 120 125 2025F 4.66 2025F 105 105 4.34 3.82 2023 1
Slide 28: Debt Profile
Debt Profile As of December 31, 2024 LOAN MATURITY SCHEDULE FLOATING AND FIXED Floating Fixed Php 68.1 bn Consolidated 21% 79% Consolidated 12% 47% 30% 5% DMCI n.a. DMCI Homes 11% 89% Php 0 DMCI SMPC 100% Php 35.1 bn DMCI Power 86% 14% DMCI Homes 9% 56% 33% 2% DMCI Mining 100% Php 2.6 bn CHP 100% SM
Slide 29: Environmental Stewardship Q4 2024
Environmental Stewardship Q4 2024 2.3k ha* 1.4k ha* 2.27m* 626k* Habitats Protected Reforested Areas Trees Planted Mangroves and Restored Planted 461* 21.5k MT 63% Animals Protected or Waste Generated Recycling Rate Reproduced * as of December 2024 CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWE
Slide 30: Social Responsibility Q4 2024
Social Responsibility Q4 2024 26,167 8.3% 7,096 5.0 4.4 Direct Employees Female Direct Indirect Average Training Average Training Employees Employees Hours (per employee) Hours (male) 0.01 0.01 11.6 LTIFR LTIFR Average Training Employees Contractors Hours (female) LTIFR = Lost-time Injury Frequency
Slide 31: ESG Highlights
ESG Highlights EMG Bloodletting Activity The Equipment Management Group (EMG), in partnership with the Philippine Red Cross, conducted a bloodletting activity on October 25, 2024. A total of 46 blood bags were collected from employees and volunteers. CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI PO
Slide 32: ESG Highlights
ESG Highlights ASG and La Mesa Project Volunteers Conduct Tree Planting Activities Allied Services Group (ASG) volunteers conducted tree-planting activities to support environmental conservation efforts last October and December 2024. 50 ASG volunteers planted 100 Tabebuia tree seedlings along C6 Ro
Slide 33: ESG Highlights
ESG Highlights DMCI Homes brings support to Subukin Elementary School in San Juan, Batangas As part of its 25th-anniversary celebration, DMCI Homes visited Subukin Elementary School in San Juan, Batangas, donating school and office supplies to support 257 pupils and their teachers. The initiative, d
Slide 34: ESG Highlights
ESG Highlights DMCI Homes host two-day medical mission in Rosario, Pasig City DMCI Homes held a two-day medical mission in Barangay Rosario, Pasig City, last October 18 and 19, 2024. The initiative, conducted under the company’s Kaakbay sa Kalusugan Corporate Social Responsibility (CSR) program, pro
Slide 35: ESG Highlights
ESG Highlights DMCI Homes among “Environmental Champions” honored by LLDA DMCI Homes has proudly received recognition as one of the "environmental champions" at the first- ever Bantayog ng Lawa 2024 awards, presented by the Laguna Lake Development Authority (LLDA). The event took place last October
Slide 36: ESG Highlights
ESG Highlights DMCI Power-Palawan Doktor ng Barangay Program The Doktor ng Barangay Program of DPC-Palawan has significantly improved healthcare access in various communities in Palawan by providing free weekly medical consultations. In Brgy. Irawan, Puerto Princesa, the program is invaluable for re
Slide 37: ESG Highlights
ESG Highlights DPC-Palawan Launces Reforestation Project under NGP DPC-Palawan has initiated a reforestation project under the National Greening Program (NGP) of the Department of Environment and Natural Resources (DENR). The project aims to rehabilitate degraded forestlands across the country. As p
Slide 38: ESG Highlights
ESG Highlights DMPC Conducts Sea Ranching Activity in Mobo, Masbate DMCI Masbate Power Corporation (DMPC), in partnership with the Municipal Agriculture Office (MAO) and the Bureau of Fisheries and Aquatic Resources (BFAR), conducted a sea ranching activity in Brgy. Fabrica, Mobo, Masbate. As part o
Slide 39: ESG Highlights
ESG Highlights DMPC Adopt-an-Estero Program In observance of National Clean-Up Month, DMPC, in partnership with DENR-EMB V, organized a river clean-up activity at Tugbo River in Tugbo Mobo, Masbate, on November 29, 2024. The initiative, conducted under the Adopt-an-Estero Program for the fourth quar
Slide 40: ESG Highlights
ESG Highlights DPC-Calapan Conducts Blood Donation Drive As part of its Corporate Social Responsibility (CSR) program focused on health and well-being, DPC, in collaboration with the Philippine Red Cross, conducted a blood donation activity. A total of 36 volunteers participated in the initiative, w
Slide 41: ESG Highlights
ESG Highlights ZDMC Education and Educational Support Program In the fourth quarter of 2024, ZDMC provided various forms of educational support to benefit students, teachers, and child development workers in Zambales, amounting to a total expenditure of P240k. Fourteen child development workers from
Slide 42: ESG Highlights
ESG Highlights ZDMC Health Program ZDMC extended support to various community health and welfare initiatives across various barangays in Zambales in the fourth quarter of 2024 amounting to a total expenditure of P637k. Six Barangay Nutrition Scholars and 115 Barangay Health Workers from multiple bar
Slide 43: 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 Q4 2024 with a total spending of P353k. Farming materials and equipment were distributed to farmers’ as
Slide 44: ESG Highlights
ESG Highlights ZDMC Infrastructure and Support Services Program In Q4 2024, ZDMC invested P531k to enhance infrastructure and support services in parts of Zambales. ZDMC installed solar street lights in key areas and improving drainage systems in Barangay Bayto. Various administrative equipment, inc
Slide 45: Berong Mine Rehabilitation
Berong Mine Rehabilitation As of December 2024 27 348.3k Geotextile Installed Seedlings Produced (2.5x100 m) 74 ha Rehabilitated Area 180.2k 1,801 Seedlings Planted Coco-coir Nets Installed (2x50 m) CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CHP 45
Slide 46: DMCI Holdings and Subsidiaries Income Statement
DMCI Holdings and Subsidiaries Income Statement **restated 2023 figures following DMCI Homes’ implementation of PFRS 15 (60 to 65), effective January 1, 2024 CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CHP 46
Slide 47: Parent Balance Sheet
Parent Balance Sheet CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CHP 47
Slide 48: Q4/FY 2024 Financial Results
Q4/FY 2024 Financial Results STANDALONE INCOME STATEMENT CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CHP 48
Slide 49: Q4/FY 2024 Financial Results
Q4/FY 2024 Financial Results CONDENSED BALANCE SHEET CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CHP 49
Slide 50: FY 2024 Revenue Breakdown and Historical Order Book
FY 2024 Revenue Breakdown and Historical Order Book Revenue Breakdown Order Book (in Php bn) FY 2024 FY 2023 Change In Php mn Building* 9,615 9,194 5% 58.7 Infrastructure 1,227 2,432 -50% 49.3 Joint Ventures (JV) and billables 3,202 3,172 1% 22.6 Allied Services and others** 971 1,710 -43% 41.9 40.6
Slide 51: Project Completion Status
Project Completion Status Project Completion Status Order Book (in Php bn) As of December 2024 Total Buildings 58.7 (Php 40.6 bn) (Php 19.0 bn) 49.3 12% 17% 22.6 41.9 40.6 10% 11% 48% 18.7 35.2 12% 66% 24% 19.9 17.1 15.2 14.8 10.2 2.3 4.6 Infrastructure JV 3.4 (Php 4.6 bn) (Php 17.1 bn) 20.9 20.4 19
Slide 52: Ongoing and Prospects Bids and Estimates
Ongoing and Prospects Bids and Estimates Railways, Train Station, Roads, Bridges, Buildings, Water Pre- treatment Facilities, Causeway, Jetty, Ports, Piers, Data Center, LPG Terminals, Fuel Depot, Industrial Mining Plant, Water Type of Projects Treatment Plant, Sewage Treatment Plant, Pumping Statio
Slide 53: BBM Prospects
BBM Prospects Allied Services for North-South Metro Manila Subway Project ODA Funded Projects Commuter Railway Contractors (Phase 1) BATAAN CAVITE INTERLINK BRIDGE 2 1 METRO MANILA BRIDGES PROJECT 3 4 Source: DOTR • 37-km from Valenzuela METRO MANILA BRIDGES PROJECT 1. Bataan-Cavite Interlink Bridge
Slide 54: Completed Project
Completed Project THE IMPERIUM AT CAPITAL COMMONS Camino Verde Road, Capitol Commons, LOCATION: Barangay Oranbo, Pasig City CLIENT: Ortigas & Company, Limited Partnership 67-Storey of Structural and Basic DESCRIPTION: Architectural Works PROJECT: Residential Building COMPLETION: 2024 CONCEPT DESIGN
Slide 55: Completed Project
Completed Project PGH FELICIDAD SY MULTI-SPECIALTY BUILDING – PHASE 1 AND 2 LOCATION: Ermita, Manila UP Foundations, Inc. / University of CLIENT: the Philippines 15-Storeys with 1 basement & roof deck (Demolition, bulk excavation, DESCRIPTION: site development works, civil, structural and architectu
Slide 56: Completed Project
Completed Project PUTATAN BRINLINE PROJECT LOCATION: Putatan, Muntinlupa City CLIENT: Maynilad Water Services, Inc. Replacement of the Existing Putatan DESCRIPTION: Water Treatment Plant1 Offshore Brineline at Putatan Muntinlupa PROJECT: Water Pipelaying COMPLETION: 2024 CONSOLIDATED • DMCI • DMCI H
Slide 57: Newly Awarded Project
Newly Awarded Project PIONEER COLD STORAGE WAREHOUSE Brgy. San Rafael Village, Navotas LOCATION: City CLIENT: Pioneer Cold Storage, Inc. General construction of new cold DESCRIPTION: storage warehouse PROJECT: Warehouse Building COMPLETION: 2026 CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER •
Slide 58: Newly Awarded Project
Newly Awarded Project PGH FELICIDAD SY MULTI-SPECIALTY BUILDING – PHASE 3 LOCATION: Ermita, Manila UP Foundations, Inc. / CLIENT: University of the Philippines DESCRIPTION: Fit-out and M&E Works from GF to 7F PROJECT: Hospital Building COMPLETION: 2026 CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI
Slide 59: Featured Project
Featured Project PIONEER HOUSE BGC LOCATION: 5th Ave. Cor 26th Stree, BGC Pioneer Insurance & Surety CLIENT: Corporation Twenty-seven 27 Storey Office Buildings w/ 3 Basements, with a Total DESCRIPTION Construction Floor Area (CFA) : of 41,873 m2 which includes around 345 parking slots. This project
Slide 60: Featured Project
Featured Project DLSU LAGUNA UNIVERSITY HALL AND RAZON HALL LOCATION: Binan, Laguna CLIENT: De La Salle University Situated on a secured 50-hectare Laguna campus of De La Salle University. With total site area of DESCRIPTION: 10,338 m2 and floor area of 18,091 m2 for the 4 floors University Hall and
Slide 61: Q4/FY 2024 Financial Results
Q4/FY 2024 Financial Results STANDALONE INCOME STATEMENT *Implementation of change in IFRS 15 recording Finance Costs as outright expense (effective 2024). 2023 Figures restated for reference only. CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CHP 61
Slide 62: Q4/FY 2024 Financial Results
Q4/FY 2024 Financial Results CONDENSED BALANCE SHEET *Implementation of change in IFRS 15 recording Finance Costs as outright expense (effective 2024). 2023 Figures restated for reference only. CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CHP 62
Slide 63: FY 2024 Operational Highlights
FY 2024 Operational Highlights Key Metrics FY 2024 FY 2023 Change Ongoing Sales and reservations (units) 6,461 8,284 -22% No. of Projects No. of Units Sales Value % Sold* Residential units 4,289 5,387 -20% Parking slots 2,172 2,897 -25% 16 19,995 Php 156.2 bn 69% Ave. Selling Price (Php mn/unit) 7.3
Slide 64: Project Feature
Project Feature Resort-inspired living on a grander scale Situated just a few minutes away from Cebu City's main business Media districts, Kalea Heights is DMCI Homes' first project Launch on Nov. 8, 2024 in the city which features impressive big open parks and amenities. Artist's illustration of th
Slide 65: Project Feature
Project Feature Exquisite from every angle Pasig City 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, Metr
Slide 66: Project Feature
Project Feature A mountain resort condotel Tuba, Benguet 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 partner
Slide 67: Project Feature
Project Feature A new landmark for resort-inspired living Highlights: Artist's illustration: Lap pool STRATEGIC LOCATION • 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 68: FY 2024 Operating Highlights
FY 2024 Operating Highlights FY 2024 FY 2023 Change Key Metrics FY 2024 FY 2023 Change Strip Ratio (S/R) Plant Availability (%) 80% 81% -1% Aggregate* 14.1 13.1 8% SCPC 81% 91% -11% Effective** 12.2 13.1 -7% SLPGC 79% 71% 11% Production (in MMT) 16.0 16.0 0% Average Capacity* (in MW) 764 672 14% SCP
Slide 69: Q4 2024 Financial Results
Q4 2024 Financial Results STANDALONE INCOME STATEMENT CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CHP 69
Slide 70: FY 2024 Financial Results
FY 2024 Financial Results STANDALONE INCOME STATEMENT CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CHP 70
Slide 71: Q4 2024 Financial Results
Q4 2024 Financial Results CONSOLIDATED INCOME STATEMENT CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CHP 71
Slide 72: FY 2024 Financial Results
FY 2024 Financial Results CONSOLIDATED INCOME STATEMENT CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CHP 72
Slide 73: Q4/FY 2024 Financial Results
Q4/FY 2024 Financial Results CONSOLIDATED BALANCE SHEET CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CHP 73
Slide 74: 2025 Coal Segment Guidance
2025 Coal Segment Guidance Shipments Pricing Target Mix Target Quality Mix Income Tax Holiday Guidance Domestic Spot Indexed and Fixed Non- commercial Narra Mine 61% 16 39% 61% Grade 38% Extended up to May 2025 MMT Commercial Grade Eligible to apply for one (1) more bonus year, Exports 62% subject t
Slide 75: 2025 Power Segment Guidance
2025 Power Segment Guidance Potential Supply Target Additional Contracted Upcoming Planned Outages 2025 2026 Contracts Capacity 30 July 2025 13 December 2025 108.1 MW SLPGC Unit 2 SLPGC Unit 1 169 MW SCPC 206.5 18.5 261.0 486.0 30 days 25 days SLPGC 45.4 89.6 135.0 270.0 Under Negotiation 7 October
Slide 76: 2024 Plant Outages Summary
2024 Plant Outages Summary As of November 4, 2024 Unit 1 Unit 2 Unit 1 Unit 2 Actual Total • December 11, 2024 to • July 27 to September • November 14, 2024 Planned • March 6 to May 22 190 days January 11, 2025 10 to January 21, 2025 • July 7 to 11 • January 1 to 3 • May 23 to 24 • July 13 to 20 • J
Slide 77: Q4/FY 2024 Financial Results
Q4/FY 2024 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CHP 77
Slide 78: FY 2024 Operating Highlights
FY 2024 Operating Highlights Key Metrics FY 2024 FY 2023 Change Gross Generation (in GWh) 544.0 482.6 13% INSTALLED CAPACITY Masbate 187.5 173.2 8% 159.76 MW Palawan 247.7 208.7 19% Oriental Mindoro 108.7 100.6 8% By Fuel Type By Location Installed Capacity (in MW) 159.8 159.8 0% Diesel 61.9 61.9 0%
Slide 79: Q4/FY 2024 Financial Results
Q4/FY 2024 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CHP 79
Slide 80: FY 2024 Operating Highlights
FY 2024 Operating Highlights SELLING PRICES, NICKEL GRADE AND FOREX Key Metrics FY 2024 FY 2023 Change Production* (in WMT ‘000) 1,445 1,705 -15% 60 57 1.39% ZDMC 1,382 1,705 -19% 54 55 ZCMC 63 - 100% 49 49 1.38% 1.38% 50 48 Shipment* (in WMT ‘000) 1,477 1,680 -12% 1.37% ZDMC 1,423 1,705 -19% 40 42
Slide 81: Q4/FY 2024 Financial Results
Q4/FY 2024 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CHP 81
Slide 82: FY 2024 Operating Highlights
FY 2024 Operating Highlights POPULATION SERVED & AVAILABILITY Key Metrics FY 2024 FY 2023 Change 10.6 100.0 Production* (in MCM) 758.1 774.8 -2% 10.4 98.0 98.1 98.0 97.5 97.5 Billed Volume (in MCM) 553.5 538.4 3% 10.2 96.0 10 Customer Mix 10.3 10.4 94.0 9.8 92.7 Domestic 81.5% 81.6% 0% 9.6 9.9 10.0
Slide 83: Q4/FY 2024 Financial Results
Q4/FY 2024 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CHP 83
Slide 84: FY 2024 Operating Results
FY 2024 Operating Results Key Metrics FY 2024 FY 2023 Change Rated Capacity (in mn T*) 5.7 5.7 0% APO 1.9 1.9 0% Solid 3.8 3.8 0% Capacity Utilization (%) 70% 69% 0% Production (in ‘000 T) 3,968 3,943 1% Sales Volume (in ‘000 T) 3,977 3,950 1% Overall ASP (in Php/ton) 3,971 4,335 -8% Solid Cement pl
Slide 85: 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