COVER SHEET
A S O 9 5 0 0 2 2 8 3
SEC Registration Number
D M C I
H O L D I N G S , I N C .
(Company's Full Name)
3 R D
F L R .
D A C O N
B L D G .
2 2 8 1
C H I N O
R O C E S
A V E . M A K A T I
C I T Y
(Business Address: No., Street City / Town / Province)
HERBERT M. CONSUNJI
Contact Person
8888-3000
Company Telephone Number
1 2 3 1
Month Day Fiscal Year
C | F | D | |
Dept | Requiring this Doc |
Total No. of Stockholders
SEC 17-C | 0 | 5 | 1 | 7 | ||||
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Annual Meeting | ||||||||
N.A. | ||||||||
Secondary License Type, If Applicable |
Amended Articles Number / Section
Total Amount of Borrowings
DomesticForeign
To be accomplished by SEC Personnel concerned | ||||||||||||
File Number | LCU | |||||||||||
Document ID | Cashier |
S T A M P S
Remarks: Please use BLACK ink for scanning purposes
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SECURITIES AND EXCHANGE COMMISSION
SEC FORM 17-C
CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER
1. June 7, 2023
Date of Report (Date of earliest event reported)
2. SEC Identification Number ASO95-002283 | 3. BIR Tax Identification No. 004-703-376 |
4. DMCI Holdings, Inc.
Exact name of issuer as specified in its charter
5. | Philippines | 6. | (SEC Use Only) | ||
Province, country or other jurisdiction of | Industry Classification Code: | ||||
incorporation | |||||
7. | 3/F Dacon Building, 2281 Don Chino Roces Avenue, Makati City | 1231 | |||
Address of principal office | Postal Code | ||||
8. | (632) 8888-3000 | ||||
Issuer's telephone number, including area code | |||||
9. | Not applicable | ||||
Former name or former address, if changed since last report |
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class | No. of Shares Outstanding | Amount |
Common Shares | 13,277,470,000 | Php13,277,470,000.00 |
Preferred Shares | 960 | 960.00 |
TOTAL | 13,277,470,960 | Php13,277,470,960.00 |
11. Indicate the item numbers reported herein: Item 9
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This is to inform the investing public of the following press release:
DMCI Mining Targets 1.5 Million WMT
Nickel Ore Shipment in 2023
DMCI Mining Corporation is targeting to ship 1.5 million wet metric tons (WMT) of nickel ore in 2023, after its subsidiary Zambales Diversified Metals Corporation (ZDMC) was granted an Environmental Compliance Certificate (ECC) in January to produce 2 million WMT of nickel ore.
Prior to the ECC issuance, ZDMC was only allowed to extract 1 million WMT.
"We have the necessary facilities and mitigating measures to minimize the impact of our operations on the environment. With these in place, we're targeting to produce anywhere between 1.7 million to 2 million tons of nickel ore this year," said DMCI Mining president Tulsi Das C. Reyes.
From January to March, ZDMC nickel ore production soared by 88 percent from 318,000 WMT to 599,000 WMT, its highest-ever quarterly output. This led to a 16-percent improvement in total inventory, from 154,000 WMT to 178,000 WMT.
However, total shipment declined by 21 percent from 620,000 WMT to 487,000 WMT owing to the depletion of the BNC mine and stockpile, cushioned by the double-digit growth of ZDMC shipment.
Average selling price increased by 11 percent from USD44 to USD49 owing to higher Zambales shipments of higher-grade nickel ore.
Despite the mine and stockpile depletion of Berong, DMCI Mining standalone revenues narrowly declined (-8%) from P1.4 billion to P1.3 billion due to better selling prices while reported net income contracted by 15 percent from P543 million to P463 million.
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Disclaimer: This press release contains forward-looking statements, which are subject to risks and uncertainties that may cause actual performance to differ materially from expected results or projections as of the date of this news release. No assurance can be given that the results anticipated by DMC, or indicated by any such forward looking statements, will be achieved.
SIGNATURES
Pursuant to the requirements of the Securities Regulation Code, the issuer has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
DMCI Holdings, Inc.
Issuer
June 7, 2023
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Disclaimer
DMCI Holdings Inc. published this content on 07 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 June 2023 01:24:28 UTC.