Wednesday, August 17, 2022
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home Business Biz Plus

DMCI bagged P16.1-b worth of new construction projects in nine months

Jenniffer B. AustriabyJenniffer B. Austria
November 22, 2021, 7:35 pm
in Biz Plus
Reading Time: 2 mins read
A A
100
SHARES
Share on FacebookShare on TwitterShare on Email

Construction company D.M. Consunji Inc. said Monday it bagged P16.1-billion worth of projects in the first nine months, boosting its total order book to P51.7 billion.

DMCI said in a disclosure to the stock exchange it won P4.5-billion worth of construction projects and obtained P2.6 billion in additional work from ongoing projects.

The new contracts include a mall, medical building, power plants, and train depot.

“Private construction remains sluggish because of weak economic conditions. Bidding for big-ticket infrastructure projects is starting to pick up, and we hope to benefit from this soon,” said DMCI president and chief executive Jorge Consunji.

The company said it has 16 ongoing and prospect bids with a total project cost of P91.17 billion. Most of these projects involve construction of railway, bridges, buildings, power plants, water treatment, and reclamation facilities.

ADVERTISEMENT

DMCI’s ongoing projects include the North South Commuter Railway (viaduct and depot), NLEX-SLEX Connector Road (section 1), Skyway Stage 3 Quirino Ramp, Poblacion Water Treatment Plant, CAMANA Water Reclamation Facility, The Estate Makati, Empress and Maven at Capitol Commons and others.

It said among the recently completed major contracts were the Anchor Piers for Cebu Cordova Link Expressway together with Acciona of Spain, Ikea Pasay City together with SM Prime, Cavite-Laguna Expressway (Mamplasan to Silang East), Bued Viaduct and Roadway, The Viridian in Greenhills and The Royalton at Capitol Commons.

DMCI said that on a stand-alone basis, it recorded a net income of P143 million in the third quarter, a reversal of the P155-million net loss in the same period last year.

The construction firm said net income grew 937 percent in the first nine months to P785 million from P76 million recorded a year ago.

The dramatic rebound was attributed to higher construction accomplishments owing to easing quarantine restrictions and lower extraordinary costs. 

Tags: construction projectsD.M. Consunji Inc.Jorge ConsunjiNorth South Commuter Railway
ADVERTISEMENT
Jenniffer B. Austria

Jenniffer B. Austria

Related Posts

London has lost 1 in 7 pubs and bars since 2022

byAFP
August 16, 2022, 6:40 pm
0
142
Banaag assumes post as Bright Kindle director

LONDON, United Kingdom—The City of London financial district, one of the world’s leading business hubs, has lost one in seven...

Read more

In scorched England, source of River Thames dries up

byAFP
August 16, 2022, 6:35 pm
0
200
In scorched England, source of River Thames dries up

By Tangi Quemener ASHTON KEYNES, United Kingdom—At the end of a dusty track in southwest England where the River Thames...

Read more

SPEC PROPERTIES INC.: Notice of Meeting

byManila Standard
August 16, 2022, 7:30 am
0
158
Banaag assumes post as Bright Kindle director

Read more

WESTERN PANAY HYDROPOWER CORPORATION: Notice of Meeting

byManila Standard
August 16, 2022, 7:00 am
0
145
Banaag assumes post as Bright Kindle director

Read more

SII PROPERTIES & DEVELOPMENT CORPORATION

byManila Standard
August 16, 2022, 6:30 am
0
157
Banaag assumes post as Bright Kindle director

Read more

SALCON PHILIPPINES INC.: Notice of Meeting

byManila Standard
August 16, 2022, 6:00 am
0
174
Banaag assumes post as Bright Kindle director

Read more

Stories you may like

  • People …are talking about Liza Soberano

    Supermodel son is Philippine bet in Manhunt International

    12257 shares
    Share 4903 Tweet 3064
  • Another oil price rollback likely as world economy further stalls

    1444 shares
    Share 578 Tweet 361
  • Judgments and their execution

    1289 shares
    Share 516 Tweet 322
  • Basilan solon wants barangay, SK polls reset to May 2024 to save P8b for gov’t

    1131 shares
    Share 452 Tweet 283
  • SMART/MVP-PH Team joins ‘22 Asian Taekwondo Championship

    1069 shares
    Share 428 Tweet 267

Print Edition

View More

Recent Posts

  • Biden signs major climate change, health care law
  • Brazil’s Bolsonaro rallies his ‘army’
  • Prominent Canadian cardinal accused of sexual assault
  • Navalny urges systematic sanctions against Russian oligarchs
  • Sneakers for Makati : AB4.0
  • 3 SRA execs out, 1 hangs on
  • BBM eyes sugar price cut, direct company import
  • US tags PH as ‘high-risk’ for COVID along with Nepal, Russia

Advertisement

Latest News

3 SRA execs out, 1 hangs on

byVince Lopezand2 others
August 17, 2022, 1:10 am
0
375
WHO needs help: New label for monkeypox

Administrator Serafica latest to quit, board member Valderrama awaits fate Three out of the four officials who signed the unauthorized...

Read more

BBM eyes sugar price cut, direct company import

byVince Lopezand2 others
August 17, 2022, 1:05 am
0
244
More than 100 flights canceled due to COVID

President Ferdinand Marcos Jr. said he is looking at getting concessions from traders to bring down prices of sugar as...

Read more

US tags PH as ‘high-risk’ for COVID along with Nepal, Russia

byWillie Casasand3 others
August 17, 2022, 1:00 am
0
237
Sino gaming tycoon held for illegal ops

The US Centers for Disease Control (CDC) has tagged the Philippines as among three countries under the high risk category...

Read more

QC school shuts down, cites financial issue due to pandemic

byRio N. Araja
August 17, 2022, 12:55 am
0
214
WHO needs help: New label for monkeypox

Colegio De San Lorenzo, a private Catholic school in Quezon City founded in 1987, announced Monday it will permanently stop...

Read more

WHO needs help: New label for monkeypox

byAFP
August 17, 2022, 12:50 am
0
168
WHO needs help: New label for monkeypox

The World Health Organization, which is looking to rename monkeypox, called Tuesday for help from the public in coming up...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App