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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Diesel prices seen dropping further; gasoline may edge up

A local fuel retailer said diesel prices are expected to go down again this week, with possible rollbacks of around ₱8 to ₱10 per liter.

PNOC seeks advisor for fuel reserve plan; invites buyers for LPG stock

The Philippine National Oil Company (PNOC) is looking for a transaction advisor to help with the government’s planned strategic fuel reserve program.

Philippines eyes bigger role in global trade after WTO meeting

The Philippines is strengthening its trade strategy following gains at the 14th ministerial meeting of the World Trade Organization (WTO), according to Agriculture Secretary Francisco P. Tiu Laurel Jr..

Aboitiz Equity Ventures reports strong 2025 growth, pushes diversification strategy

Aboitiz Equity Ventures (AEV) has reported a 14 percent increase in consolidated earnings before interest, taxes, depreciation, and amortization (EBITDA) to ₱95.4 billion in 2025, driven by steady performance across its businesses.

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