Tag: Semirara Mining

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DMCI profit falls amid business transition

Diversified engineering conglomerate DMCI Holdings reported a 27 percent drop in second-quarter net income to P4.0 billion from P5.5 billion a year ago, as weaker results from its coal, real estate, and construction units offset gains in other segments. 

Semirara income falls as coal, power prices stabilize

Integrated energy firm Semirara Mining and Power Corp. (SMPC) reported a P4.1 billion net income in the second quarter of 2025, a 33 percent decline from P6.1 billion in the same period last year, as coal and electricity prices continued to stabilize from 2023 highs.

Semirara Mining earns top Asia-Pacific honor

Integrated energy leader Semirara Mining and Power Corporation (SMPC) has proudly claimed the Gold medal in FinanceAsia’s 25th Asia’s Best Companies Poll. Topping the Philippines in the Best Managed - Basic Materials category, Semirara Mining's recognition came from votes by regional investors and financial analysts.

DMCI Holdings reports 21% drop in 2024 net income

DMCI Holdings Inc., an investment holding company, reported a 21 percent drop in 2024 net income to P19.0 billion, hurt by weaker commodity and electricity prices, lower construction accomplishments, and a sluggish real estate market. 

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ERC approves higher refund for Meralco customers, may shorten payout period

The Energy Regulatory Commission (ERC) has provisionally approved a higher refund of P19.96 billion for Manila Electric Co. (Meralco) customers, equivalent to P0.1189 per kilowatt-hour (kWh). This is larger than Meralco’s original proposal of P19.1 billion.

SRA releases first cash aid to sugar farmers amid rising fuel costs

The Department of Agriculture (DA), through the Sugar Regulatory Administration (SRA), has begun distributing the first batch of cash assistance to sugarcane farmers under the Presidential Assistance for Farmers and Fisherfolk Program (PAFFP).

DigiPlus links ArenaPlus to global anti-match-fixing network

DigiPlus Interactive Corp. has integrated its sportsbook brand ArenaPlus sportsbook platform into the Sportradar Integrity Exchange (SIE), a global system that helps detect and prevent match-fixing.

Federal Land sees steady demand despite incertainty

Federal Land NRE Global Inc. (FNG) said demand for its projects remains strong despite economic uncertainties, particularly in its 600-hectare River Park development in Cavite.

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