Semirara income down 66% to P3.3 B – Manila Bulletin

2021-3-5 · Semirara income down 66% to P3.3 B. The consolidated net income after tax (NIAT) of Consunji-led Semirara Mining and Power Corporation (SMPC) nosedived 66-percent to P3.3 billion last year from a robust bottom line outcome of P9.6 billion in 2019. The company attributed the significant income decline to lower energy sales as well as on sharp ...

Semirara to incur additional cost of P900M | Bilyonaryo ...

2020-12-1 · Semirara to incur additional cost of P900M. 9 months ago. Consunji-led Semirara Mining Corp. expects the suspension of its mining operations in Antique to negatively impact its profitability, with costs seen to increase by P900 million this year. Semirara is behind by 1.7 million MT from its coal production target of 15 million metric tons this ...

News & Annoucements | D.M. Consunji, Inc.

2009-11-30 · LISTED Semirara Mining Corp., the coal mining arm of Consunji-led DMCI Holdings Inc., secured the corporate regulator''s approval to set up a new firm to spearhead operations of the group''s recently acquired 600-megawatt (MW) Calaca coal-fired power plant in Batangas province. As part of its incorporation papers, the new firm—Sem-Calaca ...

Semirara Mining and Power allocates P4-B capex for 2021 ...

2021-3-16 · CONSUNJI-LED Semirara Mining and Power Corp. (SMPC) has earmarked P4 billion for its capital expenditure (capex) program this year, with the bulk going to the purchase of equipment. In a regulatory filing on Monday, the listed integrated energy company said P2.9 billion is allocated for the acquisition of mining and support equipment for its ...

Semirara 1Q income nearly doubles despite Sem-Calaca ...

2021-5-6 · Semirara 1Q income nearly doubles despite Sem-Calaca shutdown. Consunji-led Semirara Mining and Power Corporation (SMPC) posted a 93% surge in its consolidated reported net income to Php2.3 billion in the first quarter this year from Php1.2 billion last year, despite the unplanned outages of its coal power plants.

SMPC president resigns as chief risk officer | Power ...

2021-3-4 · Consunji-led Semirara Mining and Power Corporation (SMPC) has announced the resignation of its President and COO Maria Cristina Gotianun as the firm''s concurrent chief risk officer. In a disclosure to the Philippine Stock Exchange, SMPC said Gotianun has resigned from her position as chief risk officer for personal reasons effective today.

Covid-19 uncertainty will dent profits this year–Semirara ...

2021-5-4 · Consunji-led Semirara Mining and Power Corp. (SMPC) is expecting its coal business to improve this year but it would still not be enough to push its income to …

Consunji''s Semirara defers P3.7-B capex

2020-7-3 · Consunji-led Semirara Mining and Power Corp. is deferring capital expenditure (capex) projects worth P3.7 billion to next year as part of its strategy to stay afloat amid the impact of the global pandemic. In its annual stockholders'' meeting held virtually on Friday, the listed coal mining and power firm said its business was "largely unaffected" […]

Semirara 2Q income up by 279% | Power Philippines

2021-8-4 · Consunji-led Semirara Mining and Power Corporation (SMPC) posted a 279% jump in its consolidated net income for the second quarter of 2021 at Php3.98 billion from Php1.05 billion in the same period last year, mainly due to record-high coal sales and prices.

Semirara Mining and Power Corporation

2021-6-8 · A unit of Consunji group-led Semirara Mining and Power Corp. is set to enter the retail electricity market, which is seen to offer ample opportunities despite tough competition. Sem-Calaca RES Corp. (SCRC) is working on possible contracts after receiving its license to operate from the Energy Regulatory Commission (ERC) in November last year.

Bilyonaryo

Consunji-led Semirara Mining and Power Corp. (SMPC) more than tripled its second quarter profit to P3.98 billion, driven by all-time high sales and prices of coal. #BilyonaryoPower

Semirara earnings down 26% | Philstar

2019-8-14 · Consunji-led Semirara Mining and Power Corp. (SMPC) saw net profit drop by a quarter in the first six months due to the shutdown of a power plant under maintenance.

Semirara Mining and Power posts 61% profit fall ...

2020-8-10 · SEMIRARA Mining and Power Corp. reported a 61% drop in after-tax income to P2.2 billion in the first semester as quarantine policies enforced since March pulled down coal demand and electricity sales. The Consunji-led listed firm netted P1 billion in the second quarter, while it booked P1.2 billion in the first three months of 2020.

Semirara Mining and Power Corporation

Employee and community health . Semirara Mining and Power Corporation provides free primary medical services to company workers, their dependents and local residents at a level-one (1) hospital that has at least four (4) medical doctors on call at any day, two …

Semirara Mining suspends ops in Antique – Matuwid na ...

2020-12-2 · Listed Semirara Mining and Power Corp. has suspended its mining operations on Semirara Island in Antique province after heavy rainfall resulted in a water buildup at its site there. In a disclosure on Tuesday, the Consunji-led mining firm identified the site that would suspend operations as "North Block 7 (NB7), one of four mining blocks in ...

Consunji-led Semirara Mining and Power Corp. | Bilyonaryo ...

Chelsea piles up P1B losses from bad credit, DITO losses; Dennis Uy seeks relief from DBP, ChinaBank, BDO on ballooning debt

DoE slaps penalty vs Semirara Mining – The Philippine ...

By Jordeene B. Lagare. The Department of Energy (DoE) has imposed a monetary penalty on Semirara Mining and Power Corp. for unauthorized coal trading.. The DoE affirmed its previous resolution that the Consunji-led company violated Section 3 of Department Circular 2012-05-0006 or Guidelines on the Accreditation of Coal Traders and Registration of Coal End-Users.

Semirara Mining mulls new safety protocols | Inquirer News

2015-7-30 · Hit twice by a deadly landslide in its coal mine in Antique in a span of two years, Consunji-led Semirara Mining and Power Corp. is devising new mining safety protocols for the rainy season and ...

Semirara

2005-11-23 · Semirara net income up 279% in April-June – Matuwid na . Aug 04, 2021 · BY LENIE LECTURA - AUGUST 3, 2021 from Business Mirror Consunji-led Semirara Mining and Power Corp. (SMPC) registered a net income of P4 billion in the second quarter, up 279 percent year-over-year, due to record-high coal sales and prices…

Semirara Mining and Power Corporation

2021-8-18 · Semirara Mining net income up 24% in H1. Consunji-led Semirara Mining and Power Corp. (SMPC) reported on Thursday a net income of P7.86 billion in the first half of the year, up 24 percent from P6.36 billion a year earlier, on the back of higher contributions from power and coal businesses. In a filing with the Philippine Stock Exchange, SMPC ...

Semirara 9-month net income down 64% on low coal prices ...

2020-10-31 · Semirara 9-month net income down 64% on low coal prices. Consunji-led Semirara Mining and Power Corporation (SMPC) reported a 64% drop in consolidated net income to Php3 billion in the first nine months of 2020 from Php8.2 billion year-on-year. In a disclosure to the Philippine Stock Exchange, SMPC reported it registered a net income of only ...

Semirara Mining and Power Corporation

2021-8-18 · Consunji-led Semirara Mining and Power Corp. plans to invest P5 billion this year and next to increase its coal production capacity to a maximum of 16 million metric tons. The increase in capacity seeks to "take advantage of favorable coal prices and local market demand" and make the most of the extraction capacity allowed by the government ...

Semirara Mining and Power Corporation

Semirara Mining and Power Corporation, in its quest to promote the use of coal as major energy source, and to continue to remain as the undisputed leader in the coal mining industry in the Philippines, ensures a safe and healthy workplace for employees and all working in its behalf, visitors and the communities, and a safe and healthy ...

D.M nsunji, Inc.

LISTED Semirara Mining Corp., the coal mining arm of Consunji-led DMCI Holdings Inc., secured the corporate regulator''s approval to set up a new firm to spearhead operations of the group''s recently acquired 600-megawatt (MW) Calaca coal-fired power plant in Batangas province.

Semirara income surges to P3.98 B in second quarter ...

2021-8-3 · Semirara income surges to P3.98 B in second quarter. The combined favorable impact of high coal prices as well as soaring prices in the Wholesale Electricity Spot Market (WESM) had propelled the 279-percent surge in consolidated net income of Consunji-led Semirara Mining and Power Corporation (SMPC) to P3.98 billion in the second quarter this ...

Semirara Mining spending P5B to modernize fleet | …

2017-8-4 · SEMIRARA ISLAND, Antique – Consunji-led Semirara Mining and Power Corp. (SMPC) is bankrolling P5 billion for fleet modernization to meet the requirements of its mine expansion, officials said ...

DOE clears Semirara of environmental compliance issues ...

2016-9-24 · Consunji-led Semirara Mining and Power Corp. (SMPC) has been cleared by the Department of Energy (DOE) of environmental-related issues. SMPC said Energy Secretary Alfonso Cusi on September 21 gave company chairman Isidro Consunji a copy of the report on the audit by the Department of Environment and Natural Resources (DENR).

Consunji-led Semirara Mining and Power Corp. (SMPC ...

2021-3-16 · By Myrna M. Velasco – March 15, 2021, 12:47 PM from Manila Bulletin Consunji-led Semirara Mining and Power Corporation (SMPC) will funnel P4.0 billion capital expenditures (capex) for its businesses this year, primarily for the purchase of mining and support[…]

CSOs: SMPC, weakened mining regulations to blame for …

"It even led to a surge in their stocks that year," he noted. "The Molave mining pit is one of the two mining pits being operated by SMPC in the island, which has been met by continuous resistance from affected communities in Semirara and civil society because of its effects on the environment, health, and the livelihood of the people ...

DOE defers suspension order on Semirara coal trading ...

2019-7-18 · MANILA, Philippines — The Department of Energy (DOE) has deferred its coal trading suspension order on Consunji-led Semirara Mining and Power Corp. (SMPC). In a …

EMPERADOR REPLACING SEMIRARA MINING IN PSEI

2020-8-10 · EMPERADOR REPLACING SEMIRARA MINING IN PSEI 2020-08-10 - By Doris Dumlao-abadilla @Philbizwat­cher Tycoon Andrew Tan-led liquor maker Emperador Inc. will rejoin the basket of blue chip stocks comprising the Philippine Stock Exchange index (PSEI) effective Aug. 17, replacing Consunji-led Semirara Mining and Power Corp.

Semirara allots Php4B capex for 2021 | Power Philippines

2021-3-15 · Consunji-led Semirara Mining and Power Corporation (SMPC) is budgeting around Php4 billion for its capital expenditure (capex) program this year. SMPC said Php2.9 billion of the total budget will be used to fund mining and support equipment for its coal business.

Copyright © 2007- ANC | Sitemap