“Looking ahead, conditions will likely remain uneven, particularly with recent developments in the Middle East affecting fuel costs and the broader economy,” chair, president and CEO Isidro Consunji said during the group’s annual stockholders’ meeting on Tuesdays.
“Off-grid energy and nickel mining are positioned for growth. Construction and real estate will likely see some near-term cost pressure and may be affected by possibly higher interest rates,” he added.
DMCI, which owns shares rose 0.31 percent to P9.65 each, paring losses of about 8.6 percent so far in 2026.
Infrastructure stays busy
Construction arm DM Consunji, Inc. will focus on major infrastructure projects this year, including the newly awarded Metro Manila Subway package near NAIA Terminal 3, president and CEO Jorge Consunji said.
Meanwhile, DMCI Homes is leaning on ready-for-occupancy sales, rent-to-own programs and flexible payment terms as elevated borrowing costs continue pressuring housing demand, according to president Alfredo Austria.
Mining ramps up
DMCI Mining expects 2026 to become a milestone year after its Long Point mine in Palawan began commercial operations in March, lifting total operating capacity to around 3 million wet metric tons, president Tulsi Das Reyes said.
At the same time, Semirara Mining and Power Corporation is preparing for the Coal Operating Contract bidding process while continuing talks with the Department of Energy over its contract extension request, president and COO Maria Cristina Gotianun said.
Power expansion accelerates
DMCI Power Corporation plans to add around 44 megawatts of new capacity this year following the commissioning of a new plant in Masbate, president Antonino Gatdula Jr. said.
The company is also expanding into Occidental Mindoro with a 17-megawatt bunker-fired power plant targeted for commercial operations by 2027.
Cement still under pressure
Cement unit Concreat Holdings Philippines is targeting operational improvements and cash breakeven this year as competition and weak cement prices continue weighing on the sector, president and CEO Herbert Consunji said.
Despite the more uncertain outlook, DMCI said the group remains supported by healthy cash flows and low debt, giving it room to continue expanding during this volatile period.
—Edited by Miguel R. Camus
