SEMIRARA Mining and Power Corp. (SMPC) is expected in 2023 to match this year’s performance while DMCI Homes, Inc. is seen to surpass its 2022 showing, top officials of the Consunji-led companies said.
“I think Semirara would do okay for 2023,” Isidro A. Consunji, chief executive officer of SMPC and chairman of DMCI Homes, told reporters last week. “I think it will be the same [but with a] different mix. I think power will contribute more because of the supply and demand issue.”
“For homes, [it will be] higher than this year. [For] this year, we targeted P27 billion, for next year, P35 billion,” Mr. Austria said. DMCI Homes is planning to build a high-rise residential project in Pasay City. The project will house 900 units and will be one of the lowest-tier housing projects of the company.
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