SMPC Posts 2% Profit Increase to P8.6B in First Half 2026
Semirara Mining and Power Corporation (SMPC) reported a 2% year-on-year increase in consolidated net income to P8.6 billion for the first half of 2026, driven by stronger earnings from its power business that offset weaker coal operations. The second quarter saw a significant 17% profit jump, primarily fueled by the power segment.
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