INTEGRATED energy firm Semirara Mining and Power Corporation (SMPC) reported net income after tax of P4.42 billion for the first three months of this year, a 52 percent increase from the P2.91 billion posted last year.

The company told the Philippine Stock Exchange (PSE) on Thursday that net of eliminations, coal and power contributed P2.59 billion and P1.83 billion, respectively, this year.

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