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SMPC income up 93% to P2.3-B in first quarter


Published May 8, 2021, 6:00 AM
The consolidated net income of Consunji-led Semirara Mining and Power Corporation (SMPC) significantly climbed by 93-percent to P2.3 billion within first quarter this year versus P1.2 billion in the same period last year.
On stream of revenues, that also surged by 27-percent for the company to P9.3 billion in the first three months of 2021 as against a leaner P7.3 billion within the same stretch last year.
The coal mining segment of SMPC’s operations, in particular, had posted 16-percent year on year uptrend, with revenues rising to P7.1 billion from a year-ago level of P6.1 billion.
The firm emphasized that its sales volume had been higher by 21-percent within January-March this year to 3.9 million metric tons (MMT) vis-à-vis 3.2 million MT in a parallel quarter last year. ....

Pagadian City , Luzon Power Generation Corporation , Calaca Power Corporation , Power Corporation , Consunji Led Semirara Mining , Molave North Block , Southwest Luzon Power Generation Corporation , Sem Calaca Power Corporation , லூஸாந் பவர் ஜெநரேஶந் நிறுவனம் , கலக்க பவர் நிறுவனம் , பவர் நிறுவனம் , தென்மேற்கு லூஸாந் பவர் ஜெநரேஶந் நிறுவனம் , செம் கலக்க பவர் நிறுவனம் ,

SMPC allots P4-B capex this year for coal mining, power generation ventures


Published March 15, 2021, 12:47 PM
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 equipment for its coal mining venture.
In a statement to the media, the company emphasized that P2.9 billion will be earmarked for the targeted equipment procurement; and the balance of P1.1 billion will bankroll preventive and maintenance programs for its power generating facilities.
The Consunji firm has two power plants – the Sem-Calaca Power Corporation and Southwest Luzon Power Generation Corporation assets – that are both sited in Calaca, Batangas and have been feeding generated electricity into Luzon grid. ....

Pagadian City , Batangas City , Maria Cristinac Gotianun , Luzon Power Generation Corporation , Calaca Power Corporation , Power Corporation , Consunji Led Semirara Mining , Sem Calaca Power Corporation , Southwest Luzon Power Generation Corporation , Chief Operating Officer Maria Cristina , Molave North Block , படங்கங்கள் நகரம் , லூஸாந் பவர் ஜெநரேஶந் நிறுவனம் , கலக்க பவர் நிறுவனம் , பவர் நிறுவனம் , செம் கலக்க பவர் நிறுவனம் , தென்மேற்கு லூஸாந் பவர் ஜெநரேஶந் நிறுவனம் , தலைமை இயங்குகிறது அதிகாரி மரியா கிறிஸ்டினா ,