Semirara Q2 income climbs 17% as power offsets weaker coal

WIRE — CONSUNJI-LED Semirara Mining and Power Corp. (SMPC) reported a 17% increase in second-quarter (Q2) net income to P4.8 billion, as stronger earnings from its power business offset weaker contributions from coal operations. Revenue rose 25% to P18.60 billion from P14.82 billion a year earlier, driven by higher coal and electricity selling prices, as well as

"We aggregate wires to encourage regional discovery, sending readers directly back to the original source to explore full coverage."

This is a normalized overview of the breaking feed event. The complete, official release detailing all points, background context, and statements remains hosted by the original publisher.