Semirara H1 profit down 26% | Lenie Lectura : comparemela.co

Semirara H1 profit down 26% | Lenie Lectura

Lower coal prices led to a 26-percent drop in Semirara Mining and Power Corp.’s (SMPC) net income in the first half. The company’s profit during the period fell to P19.2 billion from P25.8 billion posted in the same period a year ago. From January to June, average Newcastle price plunged…

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