Semirara Mining and Power Corp 2016 IR
The report highlights Semirara Mining and Power Corporation's (SMPC) record-high performance in 2016, achieving a consolidated net income of PHP 12.05 billion, up 42% from the previous year. SMPC successfully transitioned into an integrated power enterprise with the commercial operations of its 2x150MW CFB power plants under Southwest Luzon Power Generation Corporation. Operationally, coal production and sales reached record highs of 11.9 million metric tons and 12.8 million metric tons, respectively. On the sustainability front, the company aligned its programs with the UN Sustainable Development Goals, propagated over 155,000 giant clams, and reforested 11% of Semirara Island.
Company: Semirara Mining and Power Corp
Sector: Energy
Country: Philippines
Year: 2016
Type: IR
Pages: 130
Semirara Mining and Power Corp
The report highlights Semirara Mining and Power Corporation's (SMPC) record-high performance in 2016, achieving a consolidated net income of PHP 12.05 billion, up 42% from the previous year. SMPC successfully transitioned into an integrated power enterprise with the commercial operations of its 2x150MW CFB power plants under Southwest Luzon Power Generation Corporation. Operationally, coal production and sales reached record highs of 11.9 million metric tons and 12.8 million metric tons, respectively. On the sustainability front, the company aligned its programs with the UN Sustainable Development Goals, propagated over 155,000 giant clams, and reforested 11% of Semirara Island.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities
Employees