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SMPC income down 28% on weaker market prices - BusinessWorld Online

SMPC income down 28% on weaker market prices - BusinessWorld Online
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

Semirara net income slides on weaker coal prices in Q1

Consunji-led Semirara Mining and Power Corp. (SMPC) saw its net income plunge by 28 percent to P6.5 billion in the first quarter from P9 billion in the same period a year ago due to weaker coal prices. “While we faced some pricing challenges this quarter, our robust export sales and…

Semirara Mining and Power s profit falls 30% to P27 9B

Semirara Mining and Power s profit falls 30% to P27 9B
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

Sharp drop in coal prices slashes 2023 profit of SMPC

Consunji-led integrated energy company Semirara Mining and Power Corp. (SMPC) reported a 30-percent decline in net income last year to P27.9 billion, from P39.9 billion in 2022, due to lower coal shipments and selling prices. Revenues fell by 16 percent to P76.96 billion in 2023 from P91.13 billion in 2022…

Semirara wants better local focus to keep yearly targets

Semirara wants better local focus to keep yearly targets
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