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...
Semirara Mining and Power Corporation (SCC) is returning to the 30-company PSE index (PSEi), replacing Security Bank Corporation (SECB), effective Monday, August 8, 2022. In a statement, the Philippine Stock Exchange said Semirara was qualified to be a member of the PSEi based on the results of the...
Consunji-led Semirara Mining and Power Corporation clinched four awards in the 12th Institutional Investor Corporate Awards 2022 of Hong Kong-based Alpha Southeast Asia magazine. The recognition accorded to the integrated mining and energy firm had been anchored on a poll of more than 500 investors...
The consolidated net income of Consunji-led Semirara Mining and Power Corporation (SMPC) soared by an all-time high 552 percent in the first quarter to P15 billion versus last year’s P2.3 billion. The company’s three-month income this year was already equivalent to roughly 93 percent of the...
Consunji-led Semirara Mining and Power Corporation (SMPC) has completed ‘backfilling operations’ at the Panian pit of its Semirara coal mine, one of the biggest open-pit mining ventures in the country. The company indicated that it “fully covered the pit in six years, way ahead of the...
The Armed Forces of the Philippines (AFP) acquired a Short Brothers & Harland SD3-30 transport aircraft which was donated by a mining company on Friday, April 1. The Armed Forces of the Philippines (AFP) receives a Short Sherpa cargo plane donated by Semirara Mining and Power Corporation in a...
The astronomical rise in global coal prices had driven up the net income of Consunji-led Semirara Mining and Power Corporation (SMPC) to a record high P16.2 billion last year, or 393 percent jump from P3.3 billion in 2020. The firm noted that the significant income hike had been due to array of...
The astronomical rise in coal prices in the world market has driven the net income of vertically integrated energy firm Semirara Mining and Power Corporation (SMPC) to grow 244 percent in the nine-month period this year to P10.3 billion from P3 billion in the same period last year. The Consunji-led...
The Consunji-led Semirara Mining and Power Corporation (SMPC) has approved the declaration of P7.4 billion worth of special cash dividends to its shareholders as the company’s financial performance gained traction. The firm said that will be on top of the P5.3 billion worth of dividend payout...
DMCI Holdings Inc. has declared a special cash dividend amounting to P6.37 billion in special cash dividends following a record high cash dividend declared by subsidiary Semirara Mining and Power Corporation. In a disclosure to the Philippine Stock Exchange, the firm said the special cash dividend...
