September 25, 2017, 9:43 pm
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1 Philippine Peso = 0.07264 UAE Dirham
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1 Philippine Peso = 0.03501 Neth Antilles Guilder
1 Philippine Peso = 0.34187 Argentine Peso
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1 Philippine Peso = 0.0618 Brazilian Real
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1 Philippine Peso = 0.01657 Euro
1 Philippine Peso = 0.03986 Fiji Dollar
1 Philippine Peso = 0.01461 Falkland Islands Pound
1 Philippine Peso = 0.0146 British Pound
1 Philippine Peso = 0.08739 Ghanaian Cedi
1 Philippine Peso = 0.88588 Gambian Dalasi
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1 Philippine Peso = 0.14445 Guatemala Quetzal
1 Philippine Peso = 4.08406 Guyana Dollar
1 Philippine Peso = 0.15453 Hong Kong Dollar
1 Philippine Peso = 0.46127 Honduras Lempira
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1 Philippine Peso = 1.28145 Indian Rupee
1 Philippine Peso = 23.08149 Iraqi Dinar
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1 Philippine Peso = 2.5623 Jamaican Dollar
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1 Philippine Peso = 1.35362 Kyrgyzstan Som
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1 Philippine Peso = 22.34177 Korean Won
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1 Philippine Peso = 0.18458 Moroccan Dirham
1 Philippine Peso = 0.34721 Moldovan Leu
1 Philippine Peso = 1.01345 Macedonian Denar
1 Philippine Peso = 26.91851 Myanmar Kyat
1 Philippine Peso = 48.53639 Mongolian Tugrik
1 Philippine Peso = 0.15916 Macau Pataca
1 Philippine Peso = 7.1521 Mauritania Ougulya
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1 Philippine Peso = 0.30696 Maldives Rufiyaa
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1 Philippine Peso = 0.35121 Mexican Peso
1 Philippine Peso = 0.08291 Malaysian Ringgit
1 Philippine Peso = 0.26183 Namibian Dollar
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1 Philippine Peso = 0.59118 Nicaragua Cordoba
1 Philippine Peso = 0.15441 Norwegian Krone
1 Philippine Peso = 2.05301 Nepalese Rupee
1 Philippine Peso = 0.02722 New Zealand Dollar
1 Philippine Peso = 0.00761 Omani Rial
1 Philippine Peso = 0.01978 Panama Balboa
1 Philippine Peso = 0.06415 Peruvian Nuevo Sol
1 Philippine Peso = 0.06309 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.08386 Pakistani Rupee
1 Philippine Peso = 0.07081 Polish Zloty
1 Philippine Peso = 111.78797 Paraguayan Guarani
1 Philippine Peso = 0.07201 Qatar Rial
1 Philippine Peso = 0.07606 Romanian New Leu
1 Philippine Peso = 1.14001 Russian Rouble
1 Philippine Peso = 16.39142 Rwanda Franc
1 Philippine Peso = 0.07417 Saudi Arabian Riyal
1 Philippine Peso = 0.15268 Solomon Islands Dollar
1 Philippine Peso = 0.26236 Seychelles Rupee
1 Philippine Peso = 0.13172 Sudanese Pound
1 Philippine Peso = 0.15792 Swedish Krona
1 Philippine Peso = 0.02662 Singapore Dollar
1 Philippine Peso = 0.01462 St Helena Pound
1 Philippine Peso = 0.4392 Slovak Koruna
1 Philippine Peso = 148.3386 Sierra Leone Leone
1 Philippine Peso = 11.05617 Somali Shilling
1 Philippine Peso = 406.07593 Sao Tome Dobra
1 Philippine Peso = 0.17306 El Salvador Colon
1 Philippine Peso = 10.18552 Syrian Pound
1 Philippine Peso = 0.26179 Swaziland Lilageni
1 Philippine Peso = 0.65427 Thai Baht
1 Philippine Peso = 0.04862 Tunisian Dinar
1 Philippine Peso = 0.04355 Tongan paʻanga
1 Philippine Peso = 0.06922 Turkish Lira
1 Philippine Peso = 0.13382 Trinidad Tobago Dollar
1 Philippine Peso = 0.5966 Taiwan Dollar
1 Philippine Peso = 44.24446 Tanzanian Shilling
1 Philippine Peso = 0.51938 Ukraine Hryvnia
1 Philippine Peso = 71.10364 Ugandan Shilling
1 Philippine Peso = 0.01978 United States Dollar
1 Philippine Peso = 0.57041 Uruguayan New Peso
1 Philippine Peso = 159.61234 Uzbekistan Sum
1 Philippine Peso = 0.19728 Venezuelan Bolivar
1 Philippine Peso = 449.66376 Vietnam Dong
1 Philippine Peso = 2.04153 Vanuatu Vatu
1 Philippine Peso = 0.04947 Samoa Tala
1 Philippine Peso = 10.86234 CFA Franc (BEAC)
1 Philippine Peso = 0.0534 East Caribbean Dollar
1 Philippine Peso = 10.74723 CFA Franc (BCEAO)
1 Philippine Peso = 1.96618 Pacific Franc
1 Philippine Peso = 4.94363 Yemen Riyal
1 Philippine Peso = 0.26193 South African Rand
1 Philippine Peso = 102.64043 Zambian Kwacha
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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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