August 18, 2017, 5:27 am
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1 Philippine Peso = 0.07443 UAE Dirham
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1 Philippine Peso = 0.32436 Argentine Peso
1 Philippine Peso = 0.02723 Australian Dollar
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1 Philippine Peso = 0.02027 Bermuda Dollar
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1 Philippine Peso = 0.13904 Bolivian Boliviano
1 Philippine Peso = 0.06579 Brazilian Real
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1 Philippine Peso = 2.19181 Algerian Dinar
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1 Philippine Peso = 0.01797 Euro
1 Philippine Peso = 0.04244 Fiji Dollar
1 Philippine Peso = 0.01573 Falkland Islands Pound
1 Philippine Peso = 0.01572 British Pound
1 Philippine Peso = 0.08685 Ghanaian Cedi
1 Philippine Peso = 0.91021 Gambian Dalasi
1 Philippine Peso = 182.75233 Guinea Franc
1 Philippine Peso = 0.1491 Guatemala Quetzal
1 Philippine Peso = 4.14512 Guyana Dollar
1 Philippine Peso = 0.15784 Hong Kong Dollar
1 Philippine Peso = 0.47422 Honduras Lempira
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1 Philippine Peso = 1.24625 Haiti Gourde
1 Philippine Peso = 5.54195 Hungarian Forint
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1 Philippine Peso = 0.07211 Israeli Shekel
1 Philippine Peso = 1.30521 Indian Rupee
1 Philippine Peso = 23.93595 Iraqi Dinar
1 Philippine Peso = 657.62059 Iran Rial
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1 Philippine Peso = 2.6139 Jamaican Dollar
1 Philippine Peso = 0.01433 Jordanian Dinar
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1 Philippine Peso = 1.38113 Kyrgyzstan Som
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1 Philippine Peso = 22.6366 Korean Won
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1 Philippine Peso = 0.25922 Lesotho Loti
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1 Philippine Peso = 0.19642 Moroccan Dirham
1 Philippine Peso = 0.36735 Moldovan Leu
1 Philippine Peso = 1.09972 Macedonian Denar
1 Philippine Peso = 27.52331 Myanmar Kyat
1 Philippine Peso = 48.27726 Mongolian Tugrik
1 Philippine Peso = 0.16258 Macau Pataca
1 Philippine Peso = 7.25578 Mauritania Ougulya
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1 Philippine Peso = 0.31394 Maldives Rufiyaa
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1 Philippine Peso = 0.37863 Mexican Peso
1 Philippine Peso = 0.08672 Malaysian Ringgit
1 Philippine Peso = 0.2604 Namibian Dollar
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1 Philippine Peso = 0.59972 Nicaragua Cordoba
1 Philippine Peso = 0.17055 Norwegian Krone
1 Philippine Peso = 2.08654 Nepalese Rupee
1 Philippine Peso = 0.02835 New Zealand Dollar
1 Philippine Peso = 0.00779 Omani Rial
1 Philippine Peso = 0.02027 Panama Balboa
1 Philippine Peso = 0.06622 Peruvian Nuevo Sol
1 Philippine Peso = 0.06654 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.11897 Pakistani Rupee
1 Philippine Peso = 0.0753 Polish Zloty
1 Philippine Peso = 112.82935 Paraguayan Guarani
1 Philippine Peso = 0.0738 Qatar Rial
1 Philippine Peso = 0.08196 Romanian New Leu
1 Philippine Peso = 1.14766 Russian Rouble
1 Philippine Peso = 16.61897 Rwanda Franc
1 Philippine Peso = 0.076 Saudi Arabian Riyal
1 Philippine Peso = 0.16004 Solomon Islands Dollar
1 Philippine Peso = 0.26836 Seychelles Rupee
1 Philippine Peso = 0.13498 Sudanese Pound
1 Philippine Peso = 0.17451 Swedish Krona
1 Philippine Peso = 0.02797 Singapore Dollar
1 Philippine Peso = 0.01573 St Helena Pound
1 Philippine Peso = 0.45006 Slovak Koruna
1 Philippine Peso = 152.00649 Sierra Leone Leone
1 Philippine Peso = 11.08634 Somali Shilling
1 Philippine Peso = 435.85326 Sao Tome Dobra
1 Philippine Peso = 0.17678 El Salvador Colon
1 Philippine Peso = 10.43737 Syrian Pound
1 Philippine Peso = 0.26014 Swaziland Lilageni
1 Philippine Peso = 0.6897 Thai Baht
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1 Philippine Peso = 0.04647 Tongan paʻanga
1 Philippine Peso = 0.0711 Turkish Lira
1 Philippine Peso = 0.13537 Trinidad Tobago Dollar
1 Philippine Peso = 0.61011 Taiwan Dollar
1 Philippine Peso = 45.17633 Tanzanian Shilling
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1 Philippine Peso = 72.78071 Ugandan Shilling
1 Philippine Peso = 0.02027 United States Dollar
1 Philippine Peso = 0.57377 Uruguayan New Peso
1 Philippine Peso = 77.82732 Uzbekistan Sum
1 Philippine Peso = 0.20216 Venezuelan Bolivar
1 Philippine Peso = 459.54601 Vietnam Dong
1 Philippine Peso = 2.18241 Vanuatu Vatu
1 Philippine Peso = 0.05201 Samoa Tala
1 Philippine Peso = 11.77483 CFA Franc (BEAC)
1 Philippine Peso = 0.05472 East Caribbean Dollar
1 Philippine Peso = 11.82205 CFA Franc (BCEAO)
1 Philippine Peso = 2.13174 Pacific Franc
1 Philippine Peso = 5.06546 Yemen Riyal
1 Philippine Peso = 0.25921 South African Rand
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Construction firm bags P12B in contracts in H1

D.M. Consunji, Inc. (DMCI) has been awarded infrastructure, energy, buildings, and utilities and plants projects worth P11.7 billion during the first half of the year, 169 percent higher than the P4.5 billion contracts closed last year.  

This brings the company’s order book to P26.8 billion, four percent lower than the P27.9 billion recorded for the same period last year, DMCI said.

Among its newly-signed projects are the Cavite-Laguna Expressway project of MPCALA Holdings, Inc.; Anchor Grand Suites of Anchor Land; Bued Viaduct and Roadway of Private Infra Dev Corp.; Light Rail Transit line 2 East (Masinag) Stations under the Department of Transportation; and civil works for a thermal power plant for engineering procurement, and construction contractor JGC Philippines.   

DMCI said its major ongoing projects include Sections 1 and 2 of the Metro Manila Skyway Stage 3 project of Citra Central Expressway Corp.; Citygate mixed-use development of Ayala Land, Inc.; The Royalton and Imperium luxury condominiums of Ortigas & Co.; The Areté of Ateneo de Manila University; and NCCC Mall of LTS Malls, Inc.

DMCI reported profits of P630 million for its first half operation, 65 percent higher than last year’s P393 million, on improved operational efficiencies and lower construction costs among its business units. 

“We are seeing some uptick in infrastructure projects but the construction growth is still primarily driven by the private sector. Hopefully, more government-led projects will go online this year,” said Jorge Consunji, DMCI president. 

DMCI is part of DMCI Holdings Inc. which posted profits of P7.65 billion for the first half of the year, up 19 percent from P6.44 billion a year ago.

The growth was driven by improved earnings contributions of Semirara Mining and Power Corp. (SMPC), DMCI Homes and DMCI.

DMCI Holdings  reported revenues of P37.06 billion for the period, 18 percent higher than last year’s P31.3 billion, while its core profit rose 21 percent to P7.6 billion, from P6.3 billion a year earlier.  

“We had a very good first half. Our performance in the second half will likely be more modest due to the higher strip ratio of SMPC compared to the first half,” said Isidro Consunji, DMCI Holdings president. 

 SMPC’s profit jumped 24 percentto P7.9 billion from P6.4 billion, allowing it to contribute P4.5 billionto the DMCI Group, up 24 percent from the previous P3.6 billion. 

DMCI Homes, meanwhile, saw profit hit P1.6 billion, up 78 percent from P909 million, due to higher sales and reservations, and change in accounting policy from completed contract method to percentage of completion  method.

Off-grid energy supplier DMCI Power’scontribution fell by five percent to P228 million from P241 million,with the expiration of its income tax holiday for its Masbate operations. 

Affiliate Maynilad Water Services, Inc. posted a 31 percent drop in equity income contributions at P759 million from P1.1 billion, as delays in the implementation of the rate rebasing tariff continued to put a downward pressure on its earnings.  
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