Semirara Mining and Power Corp 2017 IR
The report highlights Semirara Mining and Power Corporation's (SMPC) strong performance in 2017, marking its 20th anniversary under DMCI-HI control. The company achieved a record-high consolidated net income after tax of PHP 14.2 billion, with coal production reaching an all-time high of 13.2 million tons and sales at 13.1 million tons. Energy generation increased by 21% to 5,202 GWh, boosted by the full commercial operation of the 2x150 MW SLPGC plants. On the environmental front, the company planted 236,500 trees in 2017, bringing its total to over 1.7 million, and maintained a population of over 122,000 surviving giant clams. Additionally, SMPC remitted PHP 4.3 billion in royalties to the government and recorded zero workplace fatalities in its mining operations.
Company: Semirara Mining and Power Corp
Sector: Energy
Country: Philippines
Year: 2017
Type: IR
Pages: 270
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Semirara Mining and Power Corp
Integrated Annual Report
The report highlights Semirara Mining and Power Corporation's (SMPC) strong performance in 2017, marking its 20th anniversary under DMCI-HI control. The company achieved a record-high consolidated net income after tax of PHP 14.2 billion, with coal production reaching an all-time high of 13.2 million tons and sales at 13.1 million tons. Energy generation increased by 21% to 5,202 GWh, boosted by the full commercial operation of the 2x150 MW SLPGC plants. On the environmental front, the company planted 236,500 trees in 2017, bringing its total to over 1.7 million, and maintained a population of over 122,000 surviving giant clams. Additionally, SMPC remitted PHP 4.3 billion in royalties to the government and recorded zero workplace fatalities in its mining operations.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
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
Women in Management
Workplace Fatalities
Employees