The consolidated net income of Consunji-led Semirara Mining and Power Corporation (SMPC) significantly climbed by 93-percent to P2.3 billion within first quarter this year versus P1.2 billion in the same period last year. On stream of revenues, that also surged by 27-percent for the company to P9.3...
Consunji-led Semirara Mining and Power Corporation (SMPC) is pressing its ‘cost claims’ against its equipment supplier – American firm GE, on the extended shutdown of unit 2 of its 600-megawatt Sem-Calaca coal-fired power facility in Batangas. SMPC President Maria Cristina C. Gotianun said...
The Department of Energy (DOE) has affirmed its decision to impose P610,000.00 worth of fines against Semirara Mining and Power Corporation (SMPC) against its coal trading violation that was apprehended two years ago. The department said SMPC was determined liable for violation of Section 3 of...
Consunji-led Semirara Mining and Power Corporation (SMPC) will funnel P4.0 billion capital expenditures (capex) for its businesses this year, primarily for the purchase of mining and support equipment for its coal mining venture. In a statement to the media, the company emphasized that P2.9 billion...
The consolidated net income after tax (NIAT) of Consunji-led Semirara Mining and Power Corporation (SMPC) nosedived 66-percent to P3.3 billion last year from a robust bottom line outcome of P9.6 billion in 2019. The company attributed the significant income decline to lower energy sales as well as...
SM Investments Corporation (SMIC), DMCI Holdings Inc., and Semirara Mining and Power Corporation are among the 380 companies across 11 sectors included in the 2021 Bloomberg Gender-Equality Index (GEI). The GEI expanded in 2021 to represent 44 countries and regions, including firms...
Consunji-led Semirara Mining and Power Corporation (SMPC) indicated that it may fall behind its 15 million metric tons of coal production this year, because of its decision to voluntarily defer operation in a block within its Molave mine area due to water build-up conundrum. To date, the company...
Integrated energy company Semirara Mining and Power Corporation (SMPC) reported 64 percent fall in consolidated net income to P3.0 billion in the first nine months of 2020 from P8.2 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said it registered a...
