DMCI Holdings Inc. posted a weaker bottom line in the first nine months due to lower contributions from its integrated energy and construction businesses.
In a disclosure Friday, the group said its January to September consolidated net income had dropped 22 percent to P11.8 billion from P15.1 billion.
The decline was also blamed on the integration of its newly acquired cement business.
However, the Consunji-led firm said it found some relief from the growth of its real estate, mining and off-grid power generation operations.