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SCC Semirara Mining and Power Corporation
Press Release

Semirara Mining and Power Corporation Reports 33% Decline in Earnings to ₱13.1B for 2025

🟢 High Impact Negative
Semirara Mining and Power Corporation (SMPC) reported a 33% decrease in net income to ₱13.1 billion for 2025, down from ₱19.6 billion in 2024. This decline was primarily attributed to lower coal and electricity prices, reduced shipments, and higher production costs, despite achieving record coal production and power sales.
Key Facts
  • Net income for 2025: ₱13.1 billion, down 33% from ₱19.6 billion in 2024
  • Average Newcastle Index (NEWC) decreased 22% to US$105.6 from US$135.2
  • Indonesian Coal Index 4 (ICI4) fell 15% to US$46.1 from US$53.9
  • Average spot electricity prices in the Luzon-Visayas grid dropped 27% to ₱3.73/kWh from ₱5.14/kWh
  • Coal production increased 24% to 19.9 million metric tons (MMT) from 16.0 MMT
  • Total power sales reached 5,296 GWh, up 7% from 4,945 GWh
  • Average selling price (ASP) for Semirara coal decreased 19% to ₱2,302 per metric ton from ₱2,853
  • Average electricity selling price fell 8% to ₱4.38/kWh from ₱4.75/kWh
Investor Takeaway
This disclosure is material as it highlights significant declines in earnings and prices, which could impact investor sentiment and future performance assessments.
Market Impact
The decline in earnings and prices may raise concerns among investors about the company's profitability and market conditions. However, record coal production and power sales indicate operational strengths that could support future recovery.
Watch For
  • Future updates on coal and electricity price trends
  • Impact of production costs on profitability
  • Market expansion efforts and their effectiveness
Details
Company Semirara Mining and Power Corporation
Stock Symbol SCC
Published Mar 11, 2026
Disclosure Number C01591-2026
AI analysis generated Jul 11, 2026 2:13 PM
Technical details
EDGE Number e21838a585f546d264d70b69f0a3140b
View Original Disclosure on PSE EDGE