Semirara Mining and Power Corp 2018 IR
The report highlights Semirara Mining and Power Corporation's (SMPC) operational and financial performance for 2018, emphasizing its transition toward sustainable leadership. Despite challenges that led to a 15% decrease in consolidated net income to P12.03 billion, the company advanced its environmental rehabilitation of the South Panian mine, backfilling 120 million bank cubic meters of materials. SMPC also expanded its social initiatives, remitting P3.57 billion in royalty payments and supporting local education, electrification, and livelihood programs. Additionally, the company continued its marine conservation efforts, propagating over 163,000 giant clams and protecting 196 hectares of reforested mangroves.
Company: Semirara Mining and Power Corp
Sector: Energy
Country: Philippines
Year: 2018
Type: IR
Pages: 276
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Semirara Mining and Power Corp
Integrated Annual Report
The report highlights Semirara Mining and Power Corporation's (SMPC) operational and financial performance for 2018, emphasizing its transition toward sustainable leadership. Despite challenges that led to a 15% decrease in consolidated net income to P12.03 billion, the company advanced its environmental rehabilitation of the South Panian mine, backfilling 120 million bank cubic meters of materials. SMPC also expanded its social initiatives, remitting P3.57 billion in royalty payments and supporting local education, electrification, and livelihood programs. Additionally, the company continued its marine conservation efforts, propagating over 163,000 giant clams and protecting 196 hectares of reforested mangroves.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Total Waste
Women on Board
Employees