Consunji-led Semirara Mining and Power Corp. (SMPC) has filed a case against the Department of Finance (DOF), the Bureau of Internal Revenue (BIR), and the Bureau of Customs (BOC) over the imposition of taxes on its fuel imports. In a disclosure to the Philippine Stock Exchange on Wednesday, June...
Consunji-led Semirara Mining and Power Corp. (SMPC) has secured an amended Environmental Compliance Certificate (ECC) from the Department of Environment and Natural Resources (DENR), paving the way for the expansion of its Semirara Coal Mine Complex. In a disclosure to the Philippine Stock...
Looking ahead to this year’s goal of boosting its performance in the energy sector, Consunji-led Semirara Mining and Power Corp. (SMPC) plans to continue its exploration of the 700-megawatt (MW) Saint Raphael Generation Corp. (SRGC) project. During the company’s annual stockholders’ meeting...
Consunji-led Semirara Mining and Power Corporation (SMPC) is eyeing Japan as additional export market for beefed up coal output from its Semirara mine in Antique province. SMPC President and Chief Operating Officer Maria Cristina C. Gotianun told reporters that the company had already done trial...
Consunji-led Semirara Mining and Power Corporation (SMPC) is eyeing to take a provocative step as the third company breaking into the regenerated coal plant development gamble, with the targeted revival of its 700-megawatt Saint Raphael power project in Batangas that will likely command an...
As coal prices in the world market cooled, the net income of Semirara Mining and Power Corporation (SMPC) dropped 28% to P6.5 billion within first quarter this 2024 from a relatively robust P9.0 billion earnings in the same three-month period last year. “Global coal indices declined due to weak...
Semirara Mining and Power Corporation's (SMPC) net income fell by 37 percent to P22.6 billion in the first nine months of 2023 from P35.9 billion in the same period last year due to lower coal shipments and selling prices. In a disclosure to the Philippine Stock Exchange (PSE), the company’s net...
Consunji-led Semirara Mining and Power Corporation (SMPC), the country's largest producer of coal, is diversifying into liquefied natural gas (LNG) for the power generation segment of its business amid strong environmental, social, and governmental (ESG) pressures, according to the conglomerate’s...
DMCI Holdings Inc. and subsidiary Semirara Mining and Power Corporation have been included as members of the prestigious 2023 Bloomberg Gender-Equality Index (GEI) for the third consecutive year. Bloomberg GEI is a modified market capitalization-weighted index that aims to track the performance of...
Diversified engineering conglomerate DMCI Holdings and its energy subsidiary Semirara Mining and Power Corporation (SMPC) have been recognized for their corporate governance performance by the Institute of Corporate Directors (ICD). DMCI Holdings received the 2 Golden Arrow recognition while SMPC...
Consunji-led Semirara Mining and Power Corporation (SMPC) has hiked its capital expenditures (capex) to P5.6 billion for 2023, higher by 8.0-percent from P5.2 billion set for the year to support the modernization of its mining equipment and optimize electricity generation of its power plant assets....
While corporate peers are scrambling for upturn in profits, Consunji-led Semirara Mining and Power Corporation (SMPC) is laughing on its way to the bank as its nine-month income soared 250-percent to record-high P36 billion from leaner P10.3 billion las year. The company, which has been reaping...
