Recurring revenues from land, commercial buildings, and other leasing streams climbed 14 percent year-on-year to ₱899 million, accounting for 84 percent of total revenues.
DM Wenceslao and Associates Inc. (DMW), a developer and landowner behind Aseana City, saw its core net income climb 10 percent to P1.8 billion in 2024, fueled by a sharp rise in leasing revenues.
Integrated property developer D.M. Wenceslao & Associates Inc. (DMW) has secured a 91st percentile ranking (100 being the highest) in the S&P Global Corporate Sustainability Assessment (CSA) for the real estate sector.
D.M. Wenceslao and Associates Inc. (DMW) reported a significant increase in net income for 2023, reaching P7.3 billion or more than triple the P2.1 billion recorded the past year.