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Semirara profit drops 53% as prices decline
Business World Philippines
|November 04, 2025
SEMIRARA MINING and Power Corp. posted a 53% year-on-year decline in third-quarter net income to P1.48 billion, as weaker global coal and electricity prices offset higher production and sales volumes.
Consolidated revenues fell 9% to P11.93 billion, with lower selling prices across both coal and power segments despite improved operating performance, the Consunji-led company said in a stock exchange filing on Monday.
Coal revenues slipped 1% to P8.04 billion, as a 27% increase in production to 3.8 million metric tons (MT) helped cushion the impact of lower selling prices. Shipments rose 23% to 3.6 million MT, supported by stronger exports amid steady domestic demand.
This story is from the November 04, 2025 edition of Business World Philippines.
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