Semirara Mining and Power Corp 2015 IR
The report highlights Semirara Mining and Power Corporation's performance in 2015 as the only integrated coal-fired power producer in the Philippines. Despite operational challenges, including a temporary suspension of mining operations due to a fatal landslide at the Panian mine, the company achieved a record-high consolidated net income of Php 8.5 billion, representing a 24% growth from the previous year. The power segment drove profitability, with a record combined energy generation of 3,959 GWh from its Calaca power plants. The company also advanced its sustainability initiatives, including reef rehabilitation, giant clam spawning, and community development programs on Semirara Island.
Company: Semirara Mining and Power Corp
Sector: Energy
Country: Philippines
Year: 2015
Type: IR
Pages: 112
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Semirara Mining and Power Corp
Integrated Annual Report
The report highlights Semirara Mining and Power Corporation's performance in 2015 as the only integrated coal-fired power producer in the Philippines. Despite operational challenges, including a temporary suspension of mining operations due to a fatal landslide at the Panian mine, the company achieved a record-high consolidated net income of Php 8.5 billion, representing a 24% growth from the previous year. The power segment drove profitability, with a record combined energy generation of 3,959 GWh from its Calaca power plants. The company also advanced its sustainability initiatives, including reef rehabilitation, giant clam spawning, and community development programs on Semirara Island.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Women on Board
Workplace Fatalities
Employees