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DMCI posts record P31 B profit

Diversified engineering conglomerate DMCI Holdings, Inc. reported a 69 percent jump in consolidated net income to an all-time high of P31.1 billion last year from the P18.4 billion earned in 2021. In a disclosure to the Philippine Stock Exchange, the firm said higher contributions from all its su

Press Release: DMCI Holdings FY earnings rally to record high; up 69% to P31 1B

Semirara Mining posts all-time high income of P39 9-B in 2022

Owing to sky-high prices of coal in the global market last year, Consunji-led Semirara Mining and Power Corporation (SMPC) an posted all-time high net income of P39.9 billion in 2022, more than double its P16.2 billion profit in 2021. According to the vertically integrated energy company, “robust

SMPC hikes capex to P5 6 B for 2023

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.

SMPC posts record high income of P25 8-B income in 1st half

Consunji-led Semirara Mining and Power Corporation (SMPC) consolidated net income initial the first six months this year leaped to record high P25.8 billion, a quadruple climb or 311 percent higher from P6.8 billion in the same period last year on spikes in coal prices globally. While there ha

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