February 29, 2024

Semirara’s earnings ease to P27.9b on lower selling prices of coal, energy

By Alena Mae S. Flores – February 28, 2024, 8:20 pm from manilastandard.net Integrated energy company Semirara Mining and Power Corp. (SMPC) said Wednesday it posted P27.9 billion in consolidated net income in 2023, a 30-percent decline from P39.9 billion […]
May 8, 2023

Semirara keen on building new coal-fired power plant

BY LENIE LECTURA – MAY 8, 2023 from Business Mirror Consunji-led Semirara Mining and Power Corp. (SMPC) will pursue plans to develop a 700-megawatt (MW) coal-fired power plant, via subsidiary St. Raphael Power Generation Corp., as part of its long-term […]
May 4, 2023

Semirara profit in Q1 drops as coal prices, exports fall

BY LENIE LECTURA – MAY 4, 2023 from Business Mirror Consunji-led Semirara Mining and Power Corp. (SMPC) suffered a 40-percent year-on-year decline in net income in the first quarter. From the record P15 billion it posted in the first quarter […]
March 7, 2023

Semirara hikes 2023 capex budget

By Alena Mae S. Flores – March 6, 2023, 7:10 pm from manilastandard.net Integrated energy company Semirara Mining and Power Corp. is looking at a capital expenditure budget of P6.1 billion this year, up 42 percent from P4.3 billion last […]