Semirara profits surge to record on strong coal sales
Record-high domestic coal sales more than doubled Semirara Mining and Power Corp.’s (SMPC) profits in 2022, with the firm ending the year with an all-time high of P39.9 billion in consolidated net income. This is 146 percent higher than the integrated energy company’s P16.2-billion net income in 2021, thanks to 7.7 million metric tons (MT) … Continue reading Semirara profits surge to record on strong coal sales
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