August 16, 2017

First Gen income dips 4% to $84 M

By Myrna M. Velasco – August 15, 2017, 10:01 PM from Manila Bulletin Given the lower dispatch of its gas-fired power plants in some months during the first semester, the recurring net income of First Gen Corporation had been down by […]
August 16, 2017

Lower power sales drag down Phinma’s first half

By Lenie Lectura – August 15, 2017 from Business Mirror LOWER electricity sales brought down Phinma Energy Corp.’s net income in the first half of the year to P298 million, as against the P542 million Phinma reported in the same period last year. […]
August 15, 2017

Sarangani plant drives up Alsons income to P269 M

By Myrna M. Velasco – August 14, 2017, 10:00 PM from Manila Bulletin The full financial impact of the operation of the first block of its Sarangani coal-fired power plant had boosted the profitability of Alsons Consolidated Resources Inc, (ACR) to […]
August 12, 2017

Semirara power units boost profits to P7.86 billion

By Lenie Lectura – AUGUST 10, 2017 from Business Mirror SEMIRARA Mining and Power Corp. (SMPC) posted a 24-percent increase in net income in the first half of the year to P7.86 billion, from P6.36 billion in the same period a year […]