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Press Release

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

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.

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