Semirara profit falls 12% in March quarter

MANILA, Philippines — Semirara Mining and Power Corp.’s (SMPC) net income fell by 12 percent in the first quarter of 2026 as it logged weaker electricity generation and coal shipments.  READ: Auction delay slashes P18B from Semirara’s market value The company on Thursday said its earnings decreased to P3.8 billion from P4.4 billion.  During the