DMCI Homes raises targets for ’18 | Inquirer Business

DMCI Homes raises targets for ’18

/ 05:22 AM August 29, 2018

Consunji-led property developer DMCI Homes posted P23.01 billion in reservation sales in the first half of the year, accounting for 57.5 percent of its upgraded target for this year.

DMCI Homes, a unit of DMCI Holdings, expects reservation sales—an indicator of how revenues could grow in the coming years as the projects progress—to reach P40 billion this year, upgrading its target from the P31 billion set earlier.


In the first semester last year, DMCI Homes reported reservation sales of P22.12 billion.

DMCI Homes sees reservation sales to further pick up in the second half of 2018 with the scheduled launch of mid-rise and high-rise developments in Parañaque, Manila, Pasay, Las Piñas, Davao and Quezon City.


Its net income in the first semester rose by 41 percent year-on-year to P2.49 billion.

Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: DMCI Holdings, DMCI Homes, property developer
For feedback, complaints, or inquiries, contact us.

Curated business news

By providing an email address. I agree to the Terms of Use and
acknowledge that I have read the Privacy Policy.

© Copyright 1997-2022 | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.