Lower coal, power prices send Semirara’s full-year profit tumbling

MANILA, Philippines — The downtrend in Semirara Mining and Power Corp.’s (SMPC) net income continued in 2025, with a 33-percent plunge blamed on weaker coal and electricity prices. The Consunji-led firm said in a statement on Wednesday its profit fell to P13.1 billion from P19.6 billion a year ago. Reduced shipments and costlier production expenses