Wednesday, May 23, 2007

DMCI Q1 profit up 20%

DMCI Q1 profit up 20% at P289M

Construction-based conglomerate DMCI Holdings Inc. reported a 20-percent rise in consolidated net income in the first quarter to P289 million from P241 million in the same period last year, citing largely contributions from newly acquired interest in water distribution and a boom in real estate.

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