Isidro consunji biography of alberta
Isidro consunji biography of alberta
Isidro consunji biography of alberta university.
David M. Consunji began his construction business in 1954 with just P500, a second-hand cement mixer, and a brand new pickup truck.
Trained as a civil engineer (1947 UP), DM Consunji said, “the cement mixer was like a violin to me.”
Over the next 63 years, Consunji built a business whose portfolio of projects, reputation, quality of work, and profitability will ring like music to an entrepreneur’s ear.
Today, Consunji’s family holding company, DMCI Holdings, Inc.
(founded 1995) has a market cap of P205.8 billion. With the family’s 69.43%, David left behind a P142.88 billion ($2.8 billion) wealth.
DMCI Holdings is a very efficient company. It has only 12 employees, including eight executives and officers.
Yet, it had, as of Dec.
31, 2016, assets of P149 billion, equity of P75 billion, revenues of P57.2 billion, and profits of P12.83 billion. The 2016 income was up 19% from P10.77 billion in 2015.
The founder David Consunji died on Sept. 4, 2