Tag: Semirara Mining

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DMCI profit in 9-months down 22% as energy, construction weaken

Diversified conglomerate DMCI Holdings Inc. saw its nine-month net income drop 22 percent to P11.8 billion from P15.1 billion last year, dragged by weaker...

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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BDO Foundation marks 250th rehabilitated rural health unit nationwide

BDO Foundation has reached its 250‑milestone for restored rural health facilities since launching the program in 2012, with Compostela Rural Health Unit in Cebu as the landmark site. The turnover coincides with BDO’s 50th anniversary, following 22 completed facility upgrades across the country so far in 2026.

SGV taps Michael Sabado to steer firm into next chapter

In professional services, relationships are currency, trust is the product, and talent is the engine. Michael C. Sabado will now be responsible for keeping all three working in SGV & Co.’s favor.

CLI opens Astra retail hub to support Mandaue mixed-use growth

Cebu Landmasters Inc. (CLI) has opened Astra Lifestyle Centre along A.S. Fortuna Street in Mandaue City, adding a retail component to its mixed-use Astra Centre development as property developers increasingly combine shopping, dining, residential and workplace offerings in a single destination.

PLDT‑Smart steps up Bayanihan SIM push with wider network and community drives

PLDT Inc. and its wireless unit Smart Communications are accelerating roll‑out of the government‑backed Bayanihan SIM program through expanded network coverage and on‑the‑ground activation efforts, strengthening the group’s role as a key private‑sector partner for national digital inclusion. The Bayanihan SIM initiative gives underserved communities access to basic mobile connectivity, with PLDT‑Smart leveraging its extensive fixed‑fiber and mobile network infrastructure to bring the program to more remote locations.

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