DMCI Q1 earnings slid 2% to P4.9B

MANILA, Philippines – DMCI Holdings Inc. saw its consolidated net income slide slightly in the first quarter as weaker contributions from its utilities businesses offset gains from its property, mining and power units. In a disclosure on Friday, the Consunji-led conglomerate said consolidated net income reached P4.9 billion in the January-to-March period. This meant a